In the first four months of 2011, the fiscal revenue of Chenzhou City of Hunan Province has reached 4.69 billion yuan, fulfilling approximately one third of the year's task with a year-on-year increase of 41.5%.

The city should pay full attention to promoting companies' development and strengthening local finance and taxation management, urged by Mayor of Chenzhou Xiang Lili when he inspected the city's finance and taxation work on the afternoon of May 24.

During the period from Jan. to Apr., the growth rate of the city's fiscal revenue was above provincial average level and ranked third across the province. Statistics show that with a rise of 32.4%, the budget revenue reached 2.97 billion yuan, occupying 36.4% of the final target. It hits a record high as it continues the growth based on last year's good performance and its growth rate is 3.71% higher compared with the same period of last year.

Translator: Xie Jingjing