Realty recovery forecast on optimized policies chinadaily.com.cn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from chinadaily.com.cn Daily Mail and Mail on Sunday newspapers.
Property tax, the topic that has sparked countless debates and speculation in the past decade, has again raised eyebrows as China completed building a national and unified system for real estate registration. But industry experts suggest that the establishment of the system does not necessarily mean the introduction of property tax in the near future, especially considering the status quo of the real estate sector.
Unified system puts focus on property tax--China Economic Net en.ce.cn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from en.ce.cn Daily Mail and Mail on Sunday newspapers.
The State Council's call for a "one city, one policy" approach to the property sector has indicated that more policies with a precise focus on the local housing market will be worked out, which will ensure the healthy and stable development of the residential property market, industry experts said.