With property sales of more than 180 billion yuan in 2015, China Vanke could save 3 billion yuan under the new tax reform. Photo: Reuters

Property / Hong Kong & China

Developers set to benefit under China’s VAT pilot scheme

Topic | China property

Summer Zhen

Published: 2:20pm, 29 Mar, 2016

Updated: 2:54pm, 20 Jul, 2018

With property sales of more than 180 billion yuan in 2015, China Vanke could save 3 billion yuan under the new tax reform. Photo: Reuters

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