【SMM Nickel News】

Published: Aug 20, 2025 11:37

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Data from the Ministry of Finance showed that in January-July, the national general public budget revenue was 13,583.9 billion yuan, up 0.1% YoY. Among this, the national tax revenue was 11,093.3 billion yuan, down 0.3% YoY; non-tax revenue was 2,490.6 billion yuan, up 2% YoY. In January-July, stamp duty was 255.9 billion yuan, up 20.7% YoY. Of which, securities transaction stamp duty was 93.6 billion yuan, up 62.5% YoY.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

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