Group 1 - The Ministry of Finance and the State Taxation Administration announced a halving of the securities transaction stamp duty starting from August 28, 2023, to boost investor confidence and activate the capital market [1] - The cumulative reduction in stamp duty for investors is estimated to exceed 250 billion yuan over the two years from September 2023 to July 2025 [1] - The adjustment of the stamp duty has historically played a positive role in reducing transaction costs and stimulating market activity [1] Group 2 - The implementation of the stamp duty reduction has led to increased trading activity in the A-share market, significantly boosting investor confidence [2] - From January to July 2023, the stamp duty revenue reached 2.559 billion yuan, a year-on-year increase of 20.7%, with securities transaction stamp duty at 936 million yuan, up 62.5% [2] - The rapid growth of the stamp duty is attributed to the recovery of capital market value and active trading, reflecting the positive trend in the national economy [2] Group 3 - The significant increase in securities transaction stamp duty indicates a marked rise in trading activity, showcasing the ongoing improvement in China's economy [3] - The impact of the stamp duty reduction is expected to grow as trading volumes and frequencies increase, suggesting continued robust growth in stamp duty revenue [3] - The growth in stamp duty also reflects an optimizing capital market ecosystem and increasing resilience, with enhanced investment confidence anticipated as market reforms deepen [3]
证券交易印花税减半征收两年为投资者减负逾2500亿元
Zheng Quan Ri Bao·2025-08-27 16:25