China's revenue from stamp tax rose 9.9 percent year on year to 133.2 billion yuan (about 18.78 billion U.S. dollars) in the first five months of the year, official data showed.
Revenue from stock trading stamp tax increased 18.4 percent from a year ago to 81.7 billion yuan, the Ministry of Finance (MOF) said.
The country's fiscal revenue declined 13.6 percent year on year to around 7.77 trillion yuan over the same period, while the fiscal spending totaled nearly 9.03 trillion yuan, down 2.9 percent from the previous year, the MOF said. Enditem
