Tag: Fiscal Revenue
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China’s Fiscal Revenue Rises 5.8% in First Seven Months on Strong Tax Collection
Read more: China’s Fiscal Revenue Rises 5.8% in First Seven Months on Strong Tax CollectionAug 21, 2026 (InvestinChina.asia) – China’s national fiscal revenue grew 5.8% year-on-year in the first seven months of 2026, driven by robust tax receipts, though land sales continued to weigh on local government finances, official data showed on Friday. The Ministry of Finance reported that general public budget revenue reached 14.37 trillion yuan ($1.97 trillion)…