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China's stamp tax revenue surges
Updated: May 22, 2021 16:10 Xinhua

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. 

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