Group 1 - The core viewpoint is that the significant growth in tax revenue in July and August is primarily driven by the active capital market, with securities industry tax revenue increasing over 70% during this period [1][2] - In August, the Shanghai Composite Index surpassed 3800 points, reaching a ten-year high, and the total market capitalization of A-shares exceeded 100 trillion yuan, with an average daily stock trading volume of 2.3 trillion yuan, marking a new high for the year [1] - The increase in capital market activity not only boosted tax revenue from the capital market services sector but also positively impacted related industries, such as insurance, which saw tax revenue growth exceeding 10% [1] Group 2 - The tax revenue growth in the past two months is partly attributed to a low base from the previous year, suggesting that the growth rate may decline in the fourth quarter due to a higher base from last year [2] - For the first eight months of the year, the national general public budget revenue reached 148.198 billion yuan, with a year-on-year growth of 0.3%, while tax revenue (after deducting export tax rebates) was 121.085 billion yuan, showing a slight increase of 0.02% [2] - This marks the first time this year that the cumulative growth rate of national tax revenue has turned positive after being negative previously [2]