BEIJING — China's stamp tax revenue rose 11.1 percent year-on-year to 292.2 billion yuan (about $42.9 billion) in the first seven months of this year, official data showed.

During this period, stock trading stamp tax revenue went up 11 percent from a year ago to 184.7 billion yuan, according to the Ministry of Finance.

Data also showed that China's fiscal revenue dropped 9.2 percent year-on-year during the first seven months of this year.

The country's fiscal revenue amounted to approximately 12.5 trillion yuan during the period, the data showed.