detailing what common prosperity meansIt is something which they will have to do because it is coming from the top, and therefore, it will happen.On Saturday, the top executive body, the State Council, was. These developments follow years of trying to limit speculation in China's property market, which accounts for the bulk of household wealth.
She was referring to the National Congress of the Chinese Communist Party, held every five years to determine top leadership positions.Unlike the U.S., China does not have a blanket tax on property. Real estate ownership in China can also differ. For example, state-owned enterprises have distributed apartments to their employees.
The experiences of those two cities in the last decade haven't created a compelling argument for other local governments to roll out a property tax, Larry Hu, chief China economist at Macquarie, said in a note over the weekend.
我很穷，我想国家收不了多少我的税，我有两栋有房和七八块地之前没有被收税过，以后也不会被收税
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