Ministry of Finance: Securities transaction stamp duty reached 118.7 billion yuan in the first eight months of the year, an increase of 81.7% year-on-year.

On September 17, according to data from the Ministry of Finance, the general public budget revenue in China for the first eight months of the year was 14.8198 trillion yuan, a year-on-year increase of 0.3%. Of this, national tax revenue was 12.1085 trillion yuan, a slight increase of 0.02%; non-tax revenue was 2.7113 trillion yuan, an increase of 1.5%. Looking at the central and local levels, central general public budget revenue was 6.4268 trillion yuan, a year-on-year decrease of 1.7%; local general public budget revenue at the local level was 8.393 trillion yuan, a year-on-year increase of 1.8%. Stamp tax revenue was 284.4 billion yuan, a year-on-year increase of 27.4%. Among them, the securities transaction stamp tax was 118.7 billion yuan, a year-on-year increase of 81.7%. The original text is as follows: Fiscal Revenue and Expenditure for January-August 2025 I. General Public Budget Revenue and Expenditure for the Whole Country A. General Public Budget Revenue From January to August, the total general public budget revenue in the whole country was 14.8198 trillion yuan, a year-on-year increase of 0.3%. Of this, national tax revenue was 12.1085 trillion yuan, a slight increase of 0.02%; non-tax revenue was 2.7113 trillion yuan, an increase of 1.5%. Looking at the central and local levels, central general public budget revenue was 6.4268 trillion yuan, a year-on-year decrease of 1.7%; local general public budget revenue at the local level was 8.393 trillion yuan, a year-on-year increase of 1.8%. The main tax revenue items are as follows: 1. Domestic value-added tax was 4.7389 trillion yuan, a year-on-year increase of 3.2%. 2. Domestic consumption tax was 1.1523 trillion yuan, a year-on-year increase of 2%. 3. Corporate income tax was 3.1477 trillion yuan, a year-on-year increase of 0.3%. 4. Personal income tax was 1.0547 trillion yuan, a year-on-year increase of 8.9%. 5. Import value-added tax and consumption tax were 1.177 trillion yuan, a year-on-year decrease of 6.7%. Customs duties were 152.7 billion yuan, a year-on-year decrease of 6.5%. 6. Export tax rebate was 1.5766 trillion yuan, a year-on-year increase of 9%. 7. Urban maintenance and construction tax was 347.1 billion yuan, a year-on-year increase of 2.9%. 8. Vehicle purchase tax was 133.4 billion yuan, a year-on-year decrease of 17.7%. 9. Stamp tax was 284.4 billion yuan, a year-on-year increase of 27.4%. Among them, the securities transaction stamp tax was 118.7 billion yuan, a year-on-year increase of 81.7%. 10. Resource tax was 194.3 billion yuan, a year-on-year decrease of 2.8%. 11. Deed tax was 301.2 billion yuan, a year-on-year decrease of 15.3%. 12. Property tax was 330.7 billion yuan, a year-on-year increase of 11.5%. 13. Urban land use tax was 170.4 billion yuan, a year-on-year increase of 6.3%. 14. Land value-added tax was 296.7 billion yuan, a year-on-year decrease of 18.3%. 15. Farmland occupation tax was 100.1 billion yuan, a year-on-year increase of 4%. 16. Environmental protection tax was 19.7 billion yuan, a year-on-year increase of 11.5%. 17. Vehicle and vessel tax, tonnage tax on vessels, tobacco tax, and other tax revenue totaled 83.8 billion yuan, a year-on-year increase of 0.7%. B. General Public Budget Expenditure From January to August, the total general public budget expenditure in the whole country was 17.9324 trillion yuan, a year-on-year increase of 3.1%. Looking at the central and local levels, central general public budget expenditure was 2.657 trillion yuan, a year-on-year increase of 8%; local general public budget expenditure was 15.2754 trillion yuan, a year-on-year increase of 2.3%. The main expenditure items are as follows: 1. Education expenditure was 2.7078 trillion yuan, a year-on-year increase of 5.6%. 2. Science and technology expenditure was 587.4 billion yuan, a year-on-year increase of 3.1%. 3. Culture, tourism, sports, and media expenditure was 227.2 billion yuan, a year-on-year increase of 4.3%. 4. Social security and employment expenditure was 3.0723 trillion yuan, a year-on-year increase of 10%. 5. Health expenditure was 1.3717 trillion yuan, a year-on-year increase of 5.1%. 6. Energy conservation and environmental protection expenditure was 331.5 billion yuan, a year-on-year increase of 6.6%. 7. Urban and rural community expenditure was 1.2319 trillion yuan, a year-on-year decrease of 4.9%. 8. Agricultural, forestry, and water expenditure was 1.3589 trillion yuan, a year-on-year decrease of 9.4%. 9. Transportation expenditure was 712.8 billion yuan, a year-on-year decrease of 1.3%. 10. Debt interest payment expenditure was 871.5 billion yuan, a year-on-year increase of 5.9%. II. Government Fund Budget Revenue and Expenditure for the Whole Country A. Government Fund Budget Revenue From January to August, the total government fund budget revenue in the whole country was 2.6449 trillion yuan, a year-on-year decrease of 1.4%. Looking at the central and local levels, central government fund budget revenue was 293.3 billion yuan, a year-on-year increase of 0.6%; local government fund budget revenue was 2.3516 trillion yuan, a year-on-year decrease of 1.6%, of which state-owned land use rights transfer income was 1.9263 trillion yuan, a year-on-year decrease of 4.7%. B. Government Fund Budget Expenditure From January to August, the total government fund budget expenditure in the whole country was 6.2602 trillion yuan, a year-on-year increase of 30%. Looking at the central and local levels, central government fund budget expenditure was 760.9 billion yuan, a year-on-year increase of 3.1 times; local government fund budget expenditure was 5.4993 trillion yuan, a year-on-year increase of 18.8%, of which related expenditures to state-owned land use rights transfer income were 2.6732 trillion yuan, a year-on-year decrease of 4.1%. This article is selected from the official website of the Ministry of Finance. Editor: Liu Jiayin.