Fiscal reforms to get fresh impetus

Property tax to be introduced step by step in the country, says senior official

China will actively push forward property tax and personal income tax reforms as it continues to overhaul its fiscal system, a senior official said on Wednesday.

The drafting of a reasonable and appropriate national taxation system on property ownership is in full swing, said Shi Yaobin, vice-minister of finance, at a news conference during the first session of the 13th National People's Congress.