China Index Academy (CIA), China's largest independent real estate research organization, said 2026, the start of the "15th Five-Year Plan" period, is a critical year for stabilizing the real estate sector, adding that the core of market stabilization lies in restoring confidence and improving expectations.
Beijing took the lead in late December last year to streamline real estate market policies. The Ministry of Finance and the State Tax Administration jointly issued a notice announcing a reduction in the value added tax (VAT) rate on the sale of individual housing. The corresponding policies are expected to continue in 2026, promoting reasonable economic growth.
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