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China to prudently advance legislation on real estate tax

BEIJING
2019-03-05 11:24

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A real estate project in Hangzhou, east China's Zhejiang Province. (Xinhua/Tan Jin)

   BEIJING, March 5 (Xinhua) -- China will prudently advance legislation on real estate tax, says a government work report.

   The report was made available to the press on Tuesday morning ahead of the annual legislative session.

A real estate project under construction in Hohhot, north China's Inner Mongolia Autonomous Region. (Xinhua/Lian Zhen)

   It also says that China will better address people's housing needs and sustain the steady and healthy development of real estate markets. 

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