China is to focus on implementing major laws – including a property tax - deemed necessary for deepening market-based reforms and opening up this year.
This is contained in the report of the Standing Committee of the National People's Congress presented by its chairperson, Li Zhanshu on Friday.
China's top legislature says it plans to forge ahead with formulating and revising urgently laws this year. The pieces of legislation that will receive attention include a real estate tax, export control and the laws on the promotion of basic medical healthcare. Addressing the plenary, Chairperson of the Standing Committee of the National People's Congress, Li Zhanshu stressed the importance that will be given to the identified maj
