25 Oct 2021
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On Saturday, the National People’s Congress Standing Committee (NPCSC) adopted a decision authorizing the State Council to carry out property tax pilots.
Some context: For years, efforts to introduce a property tax have faced resistance from powerful insiders with significant property wealth.
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April 26, 2024
China's top leaders are turning their attention to boosting growth in underdeveloped regions. On Wednesday, Premier Li Qiang paid a visit to Guizhou province, visiting rural areas that were among the last nine counties to be lifted out of extreme… Read More »
April 25, 2024
China aims to reduce carbon emissions intensity by 3.9% in 2024. The target, announced by the State Council on Tuesday, is the first annual goal for carbon emissions intensity made during the 14th Five-Year Plan (FYP) period (2021-2025). Some context:… Read More »
April 25, 2024
Another day, another EU probe into Chinese industry. On Wednesday, the European Commission announced an investigation into China’s public procurement process for medical devices to determine if European manufacturers are getting a fair shake. This is the first probe conducted… Read More »