10.23
·Reported
·Importance III
·Sources 2
·China
On October 23, the Ministry of Finance released fiscal revenue and expenditure data for the first three quarters. In September, national land transfer revenue was 233.4 billion yuan, down 23.2% year on year; individual income tax revenue was 138.4 billion yuan, up 10.5% year on year. In the first three quarters, land transfer revenue decreased by 621.5 billion yuan year on year.
10.13
·Reported
·Importance II
·Sources 1
·China
The Ministry of Finance's 2026 budget shows that central government debt interest expenditure is 873.99 billion yuan, accounting for about 19.2% of central-level expenditure.
10.09
·Reported
·Importance II
·Sources 1
·China
On October 9, the Ministry of Finance announced the arrangement and use of 550 billion yuan in local government debt carryover quotas, of which 300 billion yuan will be fully allocated to counties and districts to enhance general public budget support capacity, and 250 billion yuan will be used to support investment projects.
10.08
·Verified
·Importance II
·Sources 1
·Beijing, China
The Ministry of Finance auctioned five-year special treasury bonds for capital injection, with a coupon rate of only 1.37 percent.
10.01
·Verified
·Importance IV
·Sources 1
·China
The Ministry of Finance, the central bank, and the National Financial Regulatory Administration jointly announced that starting October 1, eligible first-home mortgages will receive a fiscal interest subsidy of 1 percentage point per annum.
09.29
·Reported
·Importance IV
·Sources 2
·China
On September 29, the Ministry of Finance, the central bank, and the National Financial Regulatory Administration jointly announced that starting October 1, eligible first-home mortgages will receive fiscal interest subsidies, with an implementation period provisionally set at one year — the first time the central fiscal budget has subsidized individual housing mortgages. The subsidy applies to newly purchased first-home loans for properties with an area of no more than 120 square meters and a total price of no more than 1.5 million yuan, providing an annualized interest subsidy of 1 percentage point on loans of up to 1 million yuan, for a maximum of five years.
2026
·Official claim
·Importance IV
·Sources 3
·China
Data from the Ministry of Finance shows that national revenue from the transfer of state-owned land use rights has dropped to over 970 billion yuan, a year-on-year decrease of 31.5%.
09.18
·Official claim
·Importance III
·Sources 1
·China
Data released by the Ministry of Finance shows that national general public budget revenue rose 5.7% year-on-year from January to August, while income from the transfer of state-owned land use rights plunged 28.6%.
09.11
·Reported
·Importance IV
·Sources 1
·China
On September 11, the Central Commission for Discipline Inspection and the National Supervisory Commission together with the Ministry of Finance jointly reported six cases of local government hidden debt, naming Anhui’s Jieshou, Jiangxi’s Jiujiang and Ningxia’s Yinchuan for falsifying, misappropriating or using new loans to repay old ones, with “debt‑conversion fraud” amounts totaling 2.94 billion yuan, and also mentioned the issue that during Wu Shenghua’s tenure as former party secretary of Bijie, Guizhou, debt increased rather than decreased.
09.11
·Official claim
·Importance III
·Sources 1
·Anhui
The Central Commission for Discipline Inspection and the National Supervisory Commission, along with the Ministry of Finance, reported on September 11 that Jieshou, Anhui, only repaid 42 million yuan in debt but reported 182 million yuan, falsifying its debt reduction achievements.
09.11
·Official claim
·Importance III
·Sources 1
·Jiangxi
The Central Commission for Discipline Inspection and the National Supervisory Commission, together with the Ministry of Finance, announced on September 11 that Jiujiang in Jiangxi repaid old debts by taking on new ones and counted 1 billion yuan as a debt resolution result.
09.11
·Official claim
·Importance III
·Sources 1
·Ningxia
The Central Commission for Discipline Inspection and the National Supervisory Commission, together with the Ministry of Finance, announced on September 11 that of the 2.958 billion yuan in debt-resolution funds in Yinchuan, Ningxia, only 1.158 billion yuan was actually used to repay debt, while the remaining 1.8 billion yuan was used for corporate operations, yet all of it was recorded in the debt-resolution system.
09.11
·Official claim
·Importance III
·Sources 1
·Guizhou
A September 11 notice from the National Commission of Supervision and the Ministry of Finance mentioned that during the tenure of Wu Shenghua, former Party Secretary of Bijie, Guizhou, the outstanding debt balance rose instead of falling, with the 2024 debt resolution task completion rate at only 20%, ranking last in the entire province. He once said, "The debts were all incurred by my predecessors — why should I be the one to pay them back?"
09.01
·Official claim
·Importance V
·Sources 1
·China
An announcement by the Ministry of Finance and the State Taxation Administration stipulates that dividend and bonus income received by foreign individuals from foreign-invested enterprises will no longer be exempt from individual income tax and will be taxed at a rate of 20%, effective from September 1.
09.01
·Official claim
·Importance IV
·Sources 2
·China
On September 1, 2026, the Ministry of Finance and the State Taxation Administration jointly announced that dividend income received by foreign individuals from foreign-invested enterprises will no longer be exempt from individual income tax and will be uniformly taxed at a rate of 20%.