Key facts
- China's individual income tax revenue increased by 13% year-on-year.
- The total individual income tax revenue reached 900 billion yuan.
- This revenue was collected in the first half of 2026.
- Stock market gains were the primary driver of the revenue increase.
- The technology sector contributed to the growth.
- The non-ferrous metals sector also contributed to the growth.
China's individual income tax revenue experienced a significant rise of 13% compared to the previous year, accumulating to 900 billion yuan in the first six months of 2026. The primary driver behind this substantial growth was the robust performance of the country's stock market. Specific sectors that contributed heavily to this increase include technology and non-ferrous metals, which demonstrated strong market activity and profitability. These market gains likely translated into higher reported capital gains and dividend income for individual investors, thus boosting tax collections. The overall economic climate and specific policy impacts on these sectors are also considered factors in this revenue surge.