Personal income tax became China’s No. 3 tax source in the first half as capital-related income surged and earnings improved in technology and non-ferrous metals
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Wang Shiyu, chief auditor of the State Taxation Administration, disclosed at a press conference on July 28 that personal income tax revenue reached 900 billion yuan in the first half of 2026, up about 13% year-on-year. Photo: VCG
State Taxation Administration attributes increase to stock market gains, higher incomes in some industries and stricter…
State Taxation Administration attributes increase to stock market gains, higher incomes in some industries and stricter…
State Taxation Administration attributes increase to stock market gains, higher incomes in some industries and stricter…
Stock gains and tougher tax enforcement help drive collections higher
Local authorities are turning to stricter tax enforcement to shore up mounting budget strains, even as broader income growth lags.
BEIJING - China's tax revenue rose 4.9 percent from a year earlier to more than 10 trillion yuan (about $1.47 trillion) in the…
