Caixin

China’s Fiscal Revenue Accelerates Despite Land Sales Plunge

Published: Jul. 23, 2026  12:05 p.m.  GMT+8
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Year-on-year change in general public budget revenue China’s Fiscal Revenue Gains Momentum Note: January and February data are combined. Sources: Ministry of Finance, CEIC, Caixin -25 -20 -15 -10 -5 0 5 10% Jan.-Feb.2025 Jan.-Feb.2026 July June 8.7%

China’s fiscal revenue growth accelerated in June, driven by surging corporate tax receipts, even as local government land sales suffered a deepening slump.

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