China's tax revenue saw positive growth in October, marking a stronger economic recovery.

China's tax revenue saw its first positive growth in October this year, indicating a stronger economic recovery. The government's recent policy measures to boost the capital market and stabilize the real estate sector have been key drivers of this improvement. Overall public budget revenue, including both tax and non-tax revenues, increased by 5.5% year-on-year in October, with tax revenue up 1.8%. Non-tax revenue also surged, reaching a 15.3% increase year-on-year.

4 months ago
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