A construction site in the Rongdong area of Xiongan New Area, in north China’s Hebei province. Photo: Xinhua A construction site in the Rongdong area of Xiongan New Area, in north China’s Hebei province. Photo: Xinhua
A construction site in the Rongdong area of Xiongan New Area, in north China’s Hebei province. Photo: Xinhua

China revives efforts to roll out property tax to rein in runaway home prices, after two-year silence

  • A high-level meeting signals the much-anticipated residential property levy is back on Beijing’s agenda, according to industry experts
  • It comes after the central government highlighted the unaffordability of homes as a ‘difficulty’ in Premier Li Keqiang’s work report in March

Topic |   China property
A construction site in the Rongdong area of Xiongan New Area, in north China’s Hebei province. Photo: Xinhua A construction site in the Rongdong area of Xiongan New Area, in north China’s Hebei province. Photo: Xinhua
A construction site in the Rongdong area of Xiongan New Area, in north China’s Hebei province. Photo: Xinhua
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