Ministry of Finance

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Property industry remains an enemy within for Beijing’s economic targets

The slumbering property sector remains a threat to China’s economic growth because of its huge impact on the employment rate…

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China housing market gets VAT relief on resales but demand outlook stays subdued

China will lower value-added tax (VAT) on individual home resales from January 1, but while the measure has drawn interest…

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Beijing trims property resale tax in fresh push to stabilise housing market

Mainland China will cut or waive value-added tax (VAT) on the resale of homes by individuals from Friday, in its…

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Consumer demand and public services top China’s financial priorities for 2026

China will expand government spending to spur consumer demand and shore up investment in public services to strengthen the economy…

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China launches venture capital fund to lead the charge on tech investment

China has launched a national fund designed to channel state-backed money into early-stage bets on tech, a move officials said…

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Exclusive | Chinese economist Lu Feng on why the time is ripe for a consumption rebalance

Lu Feng is a professor of economics and a former deputy dean at Peking University’s National School of Development. In…

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Opinion | An obscure new department heralds a shift in China’s debt cycle

China’s Ministry of Finance recently established a new debt management department, unifying the management of government debt quotas, issuance and…

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How China’s retired teachers are helping bridge the urban-rural education divide

In 2021, when most of his peers were settling into retirement, 64-year-old Li Ming chose a different path. The law…

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China should step up borrowing to boost domestic demand, economist says

China’s central government should borrow more to lift domestic demand through supportive monetary and fiscal policy, a Chinese economist has…

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The Great Mall: how China is turning foreign tourists into shoppers

Foreign tourists in China are increasingly drawn to shopping, said Steven Zhao, CEO of China Highlights, a travel agency that…

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