Higher profit transfers from state-owned enterprises lifted revenue in the first seven months of 2026, while spending was nearly flat, pointing to increased support for the general public budget
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China’s state capital operations budget revenue rose 39.8% year-on-year to 257.5 billion yuan ($38.3 billion) in the first seven months of 2026.
Surging tax receipts from an active stock market mask sluggish government expenditure and a prolonged property slump
Robust corporate tax receipts boost general budget, even as plunge in land revenues squeezes local finances
China's general public budget revenue reached 10.05 trillion yuan ($1.48 trillion) in the first five months, up 4 percent…
China's general public budget revenue — the sum of tax revenue and non-tax revenue — rose 5.8 percent year-on-year to about 14.37…
Personal income tax became China’s No. 3 tax source in the first half as capital-related income surged and earnings improved in…
China's general public budget revenue — the sum of tax revenue and non-tax revenue — rose 4.7 percent year-on-year to about 12.1…
