China Market Intelligence

May 30th, 2018
By Sun Yi

China’s real estate market has long benefitted investors, with its astronomical growth rate and nonexistent property tax, but that might be changing. To rein in real estate prices and curb speculation, the National People’s Congress in March renewed discussions of property taxes.

China’s legislature has not yet put forward a detailed plan, but Vice Minister of Finance Shi Yaobin discussed several key elements at a news conference in March:

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August 16th, 2017
By Jake Laband and Juliana Batista

As China urbanizes, and workers move from factories to offices, the construction and operation of buildings will account for a growing share of Chinese cities’ energy consumption and carbon emissions. While the buildings in most cities in China accounted for 20 to 25 percent of municipal energy consumption in 2013, buildings in Beijing, a major business and administrative center, accounted for more than 50 percent of the city’s municipal energy consumption in 2010, a number that...

September 3rd, 2014
Stephanie Henry

US governors are heading to China in increasing numbers to seek potential investors for public and private projects. Since 2009, US governors have led 58 trade missions to China, helping to usher in more than $34 billion in direct investment over the past five years. Those trips have helped ratchet up total Chinese FDI in the United States to almost $40 billion since 2000, according to the Rhodium Group consultancy.

But it isn’t just local trade missions that are spurring...

January 8th, 2014
Owen Haacke

Over the past four decades, China has seen the largest migration in human history. Since 1979, more than 300 million rural residents have moved into China’s cities, bringing the country’s urban population to 710 million. This has increased the proportion of China’s urban population from just 17.9 percent in 1978 to 52.6 percent today. Recognizing the need to address the challenges this shift has created, top Chinese leaders are pushing for a “people-focused” urbanization plan, some details...

March 21st, 2007

The full PRC National People's Congress (NPC) concluded its annual session March 16 after adopting the Property Rights Law, which grants equal protection to public and private property, and the Enterprise Income Tax Law, which unifies the effective tax rates for foreign-invested and domestic enterprises.

The Property Rights Law Impetus for reform

PRC policymakers had discussed various property law drafts for 14 years. In that time two developments made passing such a...