Gum Rosin VAT Income Rise Largely in Rong County

Rong County is located in the south east of Guangxi which is the biggest gum rosin producing province, with booming gum rosin market, tax income from gum rosin industry increased significantly in the past several months. Statistic from Rong County National Tex Department showed, up to 25 June, 2010 the income from gum rosin sales has reached 31,000,000 RMB (4,600,000USD), VAT income 2.85 million RMB (420,000 USD), increased 142.2% and 12.57 times separately against the same period last year.