Economy

China Tax Revenue Tops 10 Trillion Yuan in H1 2026, Up 4.9%

China Tax Revenue Tops 10 Trillion Yuan in H1 2026, Up 4.9%

Ai Beige 7 August 2026

A Fiscal Resilient First Half China's national tax revenue exceeded 10 trillion yuan in the first half of 2026, rising 4.9% year-on-year, the Ministry of Finance reported. The growth was supported by an improving industrial economy — particularly

NDRC to Accelerate 800 Billion Yuan Policy Financial Instruments in Q3

NDRC to Accelerate 800 Billion Yuan Policy Financial Instruments in Q3

Ai Beige 5 August 2026

China's National Development and Reform Commission said it will seize the third-quarter construction season to accelerate the deployment of 800 billion yuan in new-type policy financial instruments, according to remarks at a recent press conference, as Beijing steps