China's local government land sale revenue decline slows

Investing.com -- China’s local government revenue from land sales showed a slower decline in the first seven months of 2025, according to data released by the finance ministry on Tuesday.

Land sale revenues fell 4.6% year-on-year during the January-July period, an improvement from the 6.5% drop recorded in the first half of the year.

The finance ministry data indicates a moderating trend in the decline of this important revenue source for local governments across China.

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