China about to launch tax policies to support property market


By Shi HaoShen Cheng
  • World
  • Saturday, 09 Nov 2024

BEIJING, Nov. 8 (Xinhua) -- China's Ministry of Finance (MOF) said Friday it will roll out tax policies in the near future to support the healthy development of the real estate market.

These new measures have been submitted for approval in accordance with established procedures, Minister of Finance Lan Fo'an told a press conference.

The MOF is actively planning future fiscal policies to intensify counter-cyclical adjustments, Lan added.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In World

Pope Francis, off ventilation and stable, rested well overnight, Vatican says
India's trade minister heads to US for talks as Trump tariffs loom, officials say
Mikey Madison wins best actress Oscar for 'Anora'
'Anora' filmmaker Sean Baker wins Oscar for Best Director
Adrien Brody wins best actor for 'The Brutalist,' his second Oscar
USAID official warns of unnecessary deaths from Trump's foreign aid block, then says he's been put on leave
Zoe Saldana wins best supporting actress Oscar for 'Emilia Perez' role
Ariana Grande, Selena Gomez arrive at unpredictable Oscars
France, Britain propose partial one-month Ukraine truce, Macron tells Le Figaro
Drone hits apartment building in Ukraine's Kharkiv, injures seven, mayor says

Others Also Read