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China's imports grew 22% in the first eight months of 2026, the fastest pace since 2021, and full-year import value is expected to hit a new record, Assistant Minister of Commerce Zhang Li said on March 18 at a press conference held by the State Council Information Office. Zhang said the Ministry of Commerce has promoted import expansion through a combination of policies and events, including eight consecutive editions of the import expo and a series of activities to share China's large market, broadening channels for global quality goods to enter the Chinese market.
China's general public budget spending rose 1.2% year on year to 181,451 billion yuan in the first eight months of 2026, according to data from the Ministry of Finance. Central government spending grew 6% year on year to 28,177 billion yuan, while local government spending edged up 0.3% to 153,274 billion yuan.
China's general public budget revenue reached 15.66 trillion yuan in the first eight months of 2026, up 5.7% year on year, according to data released by the Ministry of Finance. Tax revenue rose 6.6% year on year to 12.91 trillion yuan, while non-tax revenue edged up 1.5% to 2.75 trillion yuan. Central government revenue grew 9.1% year on year to 7.01 trillion yuan, while local government revenue increased 3.1% to 8.65 trillion yuan.
China's stamp tax revenue reached 385.8 billion yuan in the first eight months of 2026, up 35.6% year on year, according to data from the Ministry of Finance. Securities trading stamp tax surged 82% year on year to 216 billion yuan during the same period.
Datong Mayor Liu Junyi chaired the 85th executive meeting of the municipal government on Sep 17, urging deeper efforts to address coal mine safety risks and hidden dangers. The meeting called for drawing lessons from coal mine accidents, targeting persistent problems such as concealed working faces, falsified safety monitoring and mining beyond approved boundaries, while pushing for problem rectification and accountability. It also stressed scientific and orderly resumption of coal mine production and operation after meeting preconditions including full hazard clearance, personnel training and equipment maintenance, to promote safe and high-quality development of the coal industry.
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