In the first half of 2026, China's individual income tax revenue reached approximately RMB 900 billion, up about 13% year on year, making it the third-largest tax category for the first time. The growth reflects new rules on CRS and offshore trusts, which have brought cross-border facts into the tax system's purview. Capital income's share continued to rise, cross-border income tax top-ups became more routine, and the taxpayer base grew more diverse.
The China Banking Association's China Financial Leasing Industry Development Report (2026) showed that China had 64 financial leasing companies as of end-2025. Their total assets reached RMB 5.23 trillion, up 7.89% year on year. The industry's non-performing financing lease asset ratio was 0.91%. The figures highlight the sector's continued expansion and stable overall asset quality at the close of 2025.