China has proposed a series of new tax incentives designed to give consumers more spending power. Photo: AP

China proposes new personal tax perks to cut cost of housing, education and health care

  • Six allowances could reduce tax bills by up to 100,000 yuan a year
  • Revisions expected to take effect on January 1
Topic |   China economy

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China has proposed a series of new tax incentives designed to give consumers more spending power. Photo: AP
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