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Drivers of new real economy

China Daily | Updated: 2017-01-05 07:44

Alibaba Group and its affiliated Ant Financial contributed 23.8 billion yuan ($3.42 billion) - nearly 100 million yuan per work day - to the national coffers in 2016.

And at least 200 billion yuan in tax was also paid by other platforms driven by its business.

The nearly 100 million yuan tax paid by Alibaba alone testifies not only its own fast development, but also the robust advancement of China's new real economic sector. With such a huge tax paid to State coffers, Alibaba can really be called a big taxpayer.

Drivers of new real economy

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