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CN 4M25 Stamp Duty on Securities Deals Up 57.8% YoY
In 4M25, China’s general public budget revenue was RMB8.06 trillion, notching a YoY decrease of 0.4%, data released by the Ministry of Finance showed. Among them, the nationa...
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CN 4M25 Stamp Duty on Securities Deals Up 57.8% YoY
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In 4M25, China’s general public budget revenue was RMB8.06 trillion, notching a YoY decrease of 0.4%, data released by the Ministry of Finance showed. Among them, the national tax revenue was RMB6.56 trillion, down of 2.1% YoY; non-tax revenue was RMB1.51 trillion, up 7.7% YoY. The national general public budget expenditure was RMB9.36 trillion, up 4.6% YoY.

In terms of major tax revenue items, value-added tax and consumption tax on imported goods was RMB573.2 billion, down 6.5% YoY. Tariffs amounted to RMB68.6 billion, down 12.1% YoY. Stamp duty amounted to RMB161.4 billion, up 18.9% YoY. Among them, the stamp duty on securities transactions was RMB53.5 billion, up 57.8% YoY.

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