The property tax law has been included in National People's Congress’s legislation plan, resulting in significant acceleration of the introduction of the property tax.

ANBOUND’s research team points out that China is now entering into the new era of property tax and this is a significant adjustment to the interests of the government and the people alike.

The government has found a new way to tax and the house owners are exposed to the chances of being "fleeced".

The property tax needs careful design in terms of its mechanism and the taxing requirements, the government should try its best to avoid taking away more fundamental rights from the ordinary folks.