本报（chinatimes.net.cn）记者张智 北京报道 不过，在多种因素影响下，进口货物增值税、消费税15007亿元，同比下降4.9%；关税1954亿元，同比 下降3.3%；车辆购置税1676亿元，同比下降16.3%。 10月，税收收入增速持续大幅回升。 11月17日财政部发布的数据显示，1—10月，全国一般公共预算收入18.65万亿元，同比增长0.8%；10月 份，全国一般公共预算收入2.26万亿元，同比增长3.2%，相比9月的2.6%边际回升，其中，10月份全国 税收收入2.07万亿元，增长8.6%，增幅与上月基本持平，是拉动财政收入的主要动力。 在市场人士看来，税收收入持续较快增长，主要原因在于经济稳中有进，使得生产端与消费端保持韧 性，企业经营状况总体稳定，纳税增加。 不过，国盛证券首席经济学家熊园提醒，尽管税收收入延续高增长，但总体来看10月财政收支分化明 显。1—10月一般财政支出累计22.58万亿元，同比增长2%，较1—9月的3.1%有所下滑；10月一般财政 支出1.78万亿元，同比-9.78%，大幅低于9月的3.08%。因此，国泰海通高级宏观分析师侯欢对此建议， 当前稳经济还需政策接力。 ...

Core Viewpoint - The article highlights the steady growth of fiscal revenue in China, particularly tax revenue, which has shown a positive trend in recent months, indicating an improving economic environment [4][5]. Fiscal Revenue Overview - In the first ten months of the year, China's general public budget revenue reached approximately 18.65 trillion yuan, a year-on-year increase of 0.8%. Tax revenue accounted for about 15.34 trillion yuan, growing by 1.7% [4]. - Tax revenue has shifted from a decline to growth, with significant increases noted in July and August, and a year-on-year growth of 8.7% in September and 8.6% in October [4][6]. Factors Contributing to Tax Revenue Growth - The increase in tax revenue is attributed to several factors, including an improving economy, a narrowing decline in the Producer Price Index (PPI), and a low base from the previous year [6]. - The active capital market has also contributed to tax revenue growth, with the total market capitalization of A-share companies surpassing 100 trillion yuan in August and the Shanghai Composite Index reaching a ten-year high in September. Daily trading volumes in August and September averaged 2.3 trillion yuan and 2.4 trillion yuan, respectively [6]. - Notable increases in personal income tax and securities transaction stamp duty were observed, with the latter reaching 162.9 billion yuan, a year-on-year increase of 88.1%, and personal income tax at 1.3363 trillion yuan, up 11.5% [6]. Sector-Specific Tax Revenue Performance - Certain industries have shown strong tax revenue performance, including: - Computer and communication equipment manufacturing: 12.7% growth - Electrical machinery and equipment manufacturing: 7.9% growth - Scientific research and technical services: 14.8% growth - Cultural, sports, and entertainment industries: 5.7% growth [7]. Non-Tax Revenue and Government Fund Income - Non-tax revenue for the first ten months was approximately 3.31 trillion yuan, reflecting a year-on-year decline of 3.1% [8]. - Government fund revenue, primarily from land sales, also saw a decline, with total revenue of about 3.45 trillion yuan, down 2.8%. Specifically, income from land use rights fell to approximately 2.49 trillion yuan, a decrease of 7.4% [8]. Fiscal Expenditure Trends - Fiscal expenditure has been maintained at a certain intensity to stabilize the economy, with total general public budget expenditure reaching about 22.58 trillion yuan, a year-on-year increase of 2% [9]. - Expenditure related to social security and employment grew by 9.3%, amounting to approximately 3.77 trillion yuan [9]. - The government has allocated 500 billion yuan from local government debt limits to support local fiscal capacity and effective investment [9].

与经济关联最为密切的税收收入，10月份再次保持较快增长。11月17日，财政部公开了今年前10个月财 政收支情况。财政收入延续回暖势头。 今年前10个月，全国一般公共预算收入约18.65万亿元，同比增长0.8%。其中，税收收入约15.34万亿 元，同比增长1.7%。 为何税收收入保持较快增长 今年以来，税收收入降幅持续收窄并由负转正，其中7月和8月税收收入增幅超过5%，9月份全国税收收 入同比增长8.7%，10月份这一增速为8.6%。 此前税务总局表示，今年三季度特别是9月份税收收入增幅较高，除经济向好带动因素外，PPI降幅收 窄、去年同期收入基数较低也相应带来税收收入增长。 今年资本市场交易活跃，带动相关行业税收增长。根据公开数据，今年8月份A股公司总市值首次突破 100万亿元，9月份上证指数创十年新高；8、9月份日均股票成交额分别达到2.3万亿元和2.4万亿元。受 此影响，与资本市场相关的行业、税种收入增长较快。 随着股权转让以及上市公司分红增加，相关个人所得税也出现较快增长。财政部数据显示，今年前10个 月证券交易印花税收入1629亿元，同比增长88.1%；个人所得税收入13363亿元，同比增长11.5% ...

人民财讯11月17日电，证券时报记者从财政部了解到，今年10月，全国一般公共预算收入月度增幅继续 提高，税收收入持续较快增长。10月全国一般公共预算收入2.26万亿元，同比增长3.2%。其中，中央、 地方收入分别增长2.3%、4%。10月全国税收收入2.07万亿元，增长8.6%，与上月的8.7%基本持平。 ...

Group 1 - The core point of the article is that Kyrgyzstan's tax revenue for the first eight months of 2025 has increased significantly, indicating strong fiscal performance [1] - The total tax revenue reached 275.6 billion som (approximately 3.18 billion USD), which represents a year-on-year growth of 26.5% [1] - This tax revenue accounts for two-thirds of the national budget income, with an increase of 57.8 billion som compared to the same period last year [1] Group 2 - For the year 2025, Kyrgyzstan plans to achieve a national budget tax revenue target of 394.7 billion som (approximately 4.54 billion USD) [2]

Core Insights - Tax revenue continues to show growth momentum, with a year-on-year increase of 6.9% in Q3, driven by economic recovery and a lower base from the previous year [1][4] - Cumulative tax revenue for the first eight months of the year reached 12.1085 trillion yuan, reflecting a slight year-on-year increase of 0.02% [1] - The capital market has significantly contributed to tax revenue, with a 56.8% year-on-year increase in tax revenue from the capital market service industry [2] Group 1: Tax Revenue Growth - Tax revenue from the capital market service industry increased by 56.8% year-on-year, with securities transaction stamp duty rising by 110.5% [2] - The increase in stock market activity, including a total market capitalization of A-shares surpassing 100 trillion yuan and a ten-year high for the Shanghai Composite Index, has positively impacted tax revenue [1] Group 2: Sector Performance - The manufacturing sector saw a 5.4% year-on-year increase in tax revenue, accounting for 31% of total tax revenue and contributing 48% to overall revenue growth [3] - Real estate-related tax revenue decreased by 9.8% year-on-year, but the decline has narrowed due to policies aimed at stabilizing the housing market [3] Group 3: Economic Indicators - The steady increase in invoice sales revenue indicates a gradual recovery in corporate performance, with quarterly sales growth rates improving from 0.4% to 4.4% over the past year [3] - The implementation of tax reduction policies has led to a cumulative tax cut of nearly 80 billion yuan, reducing transaction costs in the housing market [3]

Core Insights - The national general public budget revenue for the first eight months of this year reached 14.82 trillion yuan, showing a year-on-year growth of 0.3%, with the growth rate improving by 0.2 percentage points compared to the first seven months [1] - Tax revenue for the same period amounted to 12.11 trillion yuan, a slight increase of 0.02% year-on-year, marking the first positive cumulative growth [1][2] Tax Revenue Growth - Major tax categories maintained positive growth, with domestic value-added tax at 47,389 billion yuan (up 3.2%), domestic consumption tax at 11,523 billion yuan (up 2%), corporate income tax at 31,477 billion yuan (up 0.3%), and personal income tax at 10,547 billion yuan (up 8.9%) [2] - Manufacturing and financial sectors showed rapid tax revenue growth, with manufacturing accounting for over 30% of total tax revenue and experiencing growth rates exceeding 5% [2] - High-end manufacturing sectors, such as railway, shipbuilding, aerospace, and other transportation equipment manufacturing, saw tax revenue growth exceeding 30% [2] Economic Factors Supporting Tax Revenue - The increase in tax revenue is attributed to a series of effective policies and a stable economic environment, leading to high-quality development [4] - The capital market's active trading in July and August contributed significantly, with the Shanghai Composite Index surpassing 3,800 points and A-share total market value exceeding 100 trillion yuan [4] - Tax revenue from the securities industry grew over 70%, while insurance industry tax revenue increased by over 10% during the same period [4] Compliance and Taxpayer Awareness - Enhanced awareness of lawful and honest tax payment among taxpayers has been noted, supported by tax authorities' efforts in promoting compliance and fair taxation [5] - The increase in tax revenue is also influenced by a lower base from the previous year, which may lead to a potential decline in growth rates in the fourth quarter due to a higher base effect [5] Fiscal Expenditure and Policy Outlook - National general public budget expenditure has been growing, with social security and employment spending increasing by 10% and education spending by 5.6% in the first eight months [8] - The overall fiscal situation is improving, with expectations for continued positive trends in revenue and expenditure in the latter half of the year [8] - Future tax administration will focus on legal fairness and compliance management to foster a favorable business environment for high-quality economic development [8]

Core Insights - The national general public budget revenue for the first eight months of this year reached 14.82 trillion yuan, a year-on-year increase of 0.3%, with the growth rate improving by 0.2 percentage points compared to the first seven months [1] - Tax revenue amounted to 12.11 trillion yuan, showing a slight increase of 0.02% year-on-year, marking the first positive cumulative growth [1] Tax Revenue Growth - Major tax categories maintained positive growth, with total tax revenue (excluding export tax rebates) increasing by 2% in the first eight months [2] - Key tax types included domestic value-added tax at 47,389 billion yuan (up 3.2%), domestic consumption tax at 11,523 billion yuan (up 2%), corporate income tax at 31,477 billion yuan (up 0.3%), and personal income tax at 10,547 billion yuan (up 8.9%) [2] - Manufacturing and financial sectors showed rapid tax revenue growth, with manufacturing accounting for over 30% of total tax revenue and experiencing a growth rate exceeding 5% [2] Economic Factors Supporting Tax Revenue - The increase in tax revenue is attributed to a series of effective policies and a stable economic environment, leading to high-quality development [4] - The capital market's active trading contributed significantly, with the Shanghai Composite Index surpassing 3,800 points and A-share total market value exceeding 100 trillion yuan [4] - Tax revenue from the securities industry grew over 70%, while insurance industry tax revenue increased by more than 10% [4] Compliance and Taxpayer Awareness - There has been a noticeable enhancement in taxpayers' awareness of lawful and honest tax payment, supported by tax authorities' efforts in promoting compliance and fair taxation [5] - The increase in tax revenue in recent months is also influenced by a lower base of tax revenue from the previous year [5] Fiscal Expenditure and Policy Outlook - National general public budget expenditure has been growing, with social security and employment spending increasing by 10% and education spending by 5.6% in the first eight months [8] - The overall fiscal situation is improving, indicating a positive economic outlook, with expectations for continued favorable trends in fiscal revenue and expenditure [8]

Core Insights - The overall public budget revenue in China for the first eight months of the year reached 14.82 trillion yuan, showing a year-on-year growth of 0.3%, with tax revenue slightly increasing by 0.02% to 12.11 trillion yuan, marking the first positive cumulative growth [2][3] Tax Revenue Growth - Major tax categories, including domestic value-added tax, domestic consumption tax, corporate income tax, and personal income tax, all maintained positive growth in the first eight months [3] - Domestic value-added tax amounted to 47,389 billion yuan, up 3.2% year-on-year; domestic consumption tax reached 11,523 billion yuan, increasing by 2%; corporate income tax was 31,477 billion yuan, with a growth of 0.3%; personal income tax totaled 10,547 billion yuan, rising by 8.9% [3] - The manufacturing and financial sectors exhibited rapid tax revenue growth, with manufacturing accounting for over 30% of total tax revenue and showing an increase of over 5% [3] Economic Factors Supporting Tax Revenue - The increase in tax revenue is attributed to a series of effective policies and a stable economic environment, leading to high-quality development [5][6] - The capital market's activity significantly contributed to tax revenue, with the Shanghai Composite Index surpassing 3,800 points in August, and daily stock trading volume averaging 2.3 trillion yuan [6] - Enhanced compliance and tax awareness among taxpayers, driven by tax authorities' efforts, have also supported tax revenue growth [6][7] Fiscal Expenditure and Policy Outlook - National public budget expenditure has been on the rise, with social security and employment spending increasing by 10% and education spending by 5.6% in the first eight months [8] - The overall fiscal situation is improving, with expectations for continued positive trends in revenue and expenditure in the latter half of the year [8]

Core Insights - The overall public budget revenue for the first eight months of the year reached 14.82 trillion yuan, showing a year-on-year growth of 0.3%, with the growth rate improving by 0.2 percentage points compared to the first seven months [1] - Tax revenue amounted to 12.11 trillion yuan, a slight increase of 0.02% year-on-year, marking the first positive cumulative growth [1] Tax Revenue Growth - Major tax categories maintained positive growth, with total tax revenue (excluding export tax rebates) increasing by 2% in the first eight months [2] - Key tax types included domestic value-added tax at 47,389 billion yuan (up 3.2%), domestic consumption tax at 11,523 billion yuan (up 2%), corporate income tax at 31,477 billion yuan (up 0.3%), and personal income tax at 10,547 billion yuan (up 8.9%) [2] - Manufacturing and financial sectors showed rapid tax revenue growth, with manufacturing accounting for over 30% of total tax revenue and experiencing growth rates above 5% [2] Economic Factors Supporting Tax Revenue - The increase in tax revenue in recent months is attributed to the robust performance of major tax types, indicating a positive economic recovery and active capital markets [4] - The capital market's activity significantly contributed to tax revenue, with the Shanghai Composite Index surpassing 3,800 points and A-share total market value exceeding 100 trillion yuan [4] - Enhanced taxpayer compliance and awareness of legal tax obligations have also supported tax revenue growth [5] Fiscal Expenditure and Policy Outlook - Public budget expenditure has been on the rise, with social security and employment spending increasing by 10% and education spending by 5.6% in the first eight months [8] - The overall fiscal situation is improving, with expectations for continued positive trends in revenue and expenditure in the latter half of the year [8] - The tax authorities plan to maintain a fair legal framework and optimize management practices to foster a conducive environment for high-quality economic development [8]