Titlebook: Development, Governance, and Real Property Tax in China; Yilin Hou Book 2019 The Editor(s) (if applicable) and The Author(s), under exclus

者變

眉毛

Introduction,ul in achieving double-digit annual GDP growth. Since 2013, the country’s growth rate has slowed to between 6 and 7 percent, which is still very high compared to that of most?other countries. The huge successes of the 30-plus years of high economic growth include, among others, two aspects that are

BAN

BUMP

Housing Provision Reform and the Real Estate Sector,ocking relationship between the housing provision reform and the real estate sector of the economy, which has since been one of the strongest pillars to boost the GDP growth not only of the country as a whole but also of municipalities and provinces. The housing reform has generated huge improvement

PLUMP

DUCE

Institutional Obstacles to China in Adopting the Real Property Tax, to urban land. It traces the turnover from private to public ownership of land in rural and urban areas around the founding in 1949 of the People’s Republic of China and subsequent changes, which inspires insight into this problem unique to China. The chapter then taps into why local governments ca

fibroblast

Principles for the Design of the Real Property Tax,e design of the property tax; the chapter then deliberates on a set of six principles to consider when designing the tax. They are equity, efficiency, feasibility, transparency, adequacy, and stability. These principles compose an analytical framework for evaluating any design to see whether it fits

lactic

性學(xué)院

鞭打

Conclusion: Toward Balanced Development and Harmonious Governance,nd economic issue; it then points to challenges that lie ahead. Despite the seemingly unsurmountable obstacles inherent in China’s adoption of a local property tax, this monograph ends on an optimistic tone that the property tax can help the country achieve balanced and harmonious development and im