Xiamen city prepares for property tax pilot to guard against major fluctuations

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The city of Xiamen, in southeastern China's Fujian province, is preparing for the launch of a pilot property tax as part of efforts to guard against major market fluctuations, according to a statement released by the city's statistics bureau on Friday.

In October, China top decision-making body of parliament vowed to roll out a pilot property tax in some regions, but which regions would be involved and other details have not been . . .

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