Press "Enter" to skip to content

Top legislator’s remarks spark stronger expectation for property tax

It's been murmured for years that China will introduce a property tax, which will be a huge negative for the real estate sector which is already cooling down under long-running government restrictions. Recent remarks made by the country's top legislator have spurred higher expectations.

China will “focus energy” on drafting more than a dozen major pieces of legislation this year, including a property tax law, said Li Zhanshu, chairman of the Standing Committee of National People’s Congress (NPC) at a news conference on the sidelines of the annual gathering of the top legislature.

Stocks of several . . .

To continue reading, please subscribe:


We highly value independence. Yuan Talks is solely funded by subscriptions from thousands of intelligent readers like you. 

Not satisfied with general information that you can get everywhere? Join us now! We go deeper to bring you details, data and perspectives you won't read elsewhere!

What you'll get:

  • In-depth & data-driven reporting on China's economy and financial markets
  • Daily Brief newsletter delivered before market open every weekday. You don't have to spend time to source information about this market. We do it for you! You only need to spend 10 minutes every day to read our newsletter! 
  • Exclusive interviews with China experts. We find you insights you should never miss!
  • Conference calls and events. Nothing is better than talking to newsmakers, experts and reporters directly, right?


Already have an account? Sign In