BEIJING — China's stamp tax revenue soared 49.6 percent year-on-year to 160 billion yuan (about $24.88 billion) in the first four months of the year, official data showed.
During the period, stock trading stamp tax revenue surged 57.9 percent from a year ago to 102.5 billion yuan, according to the Ministry of Finance.
This marks active trading in the country's booming capital market.
In the January-April period, the country's fiscal revenue increased 25.5 percent year-on-year to exceed 7.8 trillion yuan, data from the ministry showed.