Finance

China H1 2026 Tax Revenue Tops 10 Trillion Yuan as Fiscal Policy Ramps Up

China H1 2026 Tax Revenue Tops 10 Trillion Yuan as Fiscal Policy Ramps Up

Ai Beige 4 August 2026

Overview: Tax Revenue Accelerates Despite Property Headwinds China collected more than 10 trillion yuan in tax revenue during the first half of 2026, as fiscal authorities ramped up collection efficiency while simultaneously delivering 1.91 trillion yuan in tax reductions

China's June Balance of Payments: $99.5 Billion Trade Surplus

China's June Balance of Payments: $99.5 Billion Trade Surplus

Ai Beige 3 August 2026

Goods and Services Trade in June 2026 China posted a goods and services trade surplus of 99.5 billion US dollars in June 2026, the State Administration of Foreign Exchange reported. In yuan terms, total imports and exports of goods

China's SOE Profits Rise 2.4% in H1 2026 Despite Revenue Decline

China's SOE Profits Rise 2.4% in H1 2026 Despite Revenue Decline

Ai Beige 3 August 2026

Revenue Falls, Profits Rise China's state-owned and state-holding enterprises (SOEs) reported a 2.4% year-on-year increase in total profits to 2.2476 trillion yuan in the first half of 2026, according to data from the Ministry of Finance.