China's Recent Real Estate Policies

Sheppard Mullin Richter & Hampton LLP
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In this article:

*78 Centrally administered State-owned enterprises ordered to withdraw from real estate development

*The Ministry of Land and Resources temporarily halts sales of land for residential purposes

*The State Administration of Taxation amends the tax incentive for first-time purchase of ordinary housing

*New real estate rules introduced by Hainan's provincial government

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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