China's real estate tax cuts yield $1.6b in first month
- Posted on January 26, 2025
- By The China Daily
- 1 Views
China's real estate tax cuts yield $1.6b in first month
China's new tax policies aimed at stabilizing the real estate market have resulted in 11.69 billion yuan (about $1.6 billion) in tax reductions and exemptions in their first month of implementation, according to data released Saturday by the State Taxation Administration.
