Published: 17:31, August 19, 2025 | Updated: 17:38, August 19, 2025
China's tax revenue continues to rebound in July
By Wang Keju
People select mobile phones at a shop in Pingyi county of Linyi city, East China's Shandong province, Aug 9, 2025. (PHOTO / XINHUA)

China's tax revenue saw a steady uptick in July, rising 5 percent year-on-year to reach about 1.8 trillion yuan ($250.9 billion), marking a continued rebound after recovering from a decline in April, data from the Ministry of Finance showed on Tuesday.

For the January-July period, total tax revenue amounted to about 11.1 trillion yuan, down 0.3 percent year-on-year. The decline represents a narrowing from the 1.2 percent drop recorded in the first half of the year, the ministry said.

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China's general public budget spending for the first seven months stood at about 16.1 trillion yuan, representing a 3.4 percent increase compared to the same period last year, the ministry added.