What is the annual tobacco tax in China?
About 1.2 trillion. Last year, China Tobacco paid about 1.2 trillion yuan, with an average daily tax payment of about 3.2 billion yuan. The tax revenue generated by tobacco industry accounts for about 9% of the total tax revenue in China. In 20021year, China's annual defense expenditure may be around 1.35 trillion, and the tobacco tax revenue is similar to the defense budget expenditure. The State Tobacco Monopoly Bureau, referred to as the State Tobacco Bureau for short, was established in June1984+1October 65438, and implements a unified leadership, vertical management and monopoly management system for China's tobacco industry. The State Tobacco Monopoly Bureau and China Tobacco Corporation conduct centralized and unified management of "people, money, materials, production, supply, sales, domestic, foreign and trade" in the national tobacco industry.