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Measures for stabilizing prices

I. Tax administration measures
1. Flexibly and temporarily reducing import tariffs on commodities and oils
2. Amending Customs Import Tariff
3. Implementing flexible exemption from business tax on imported bulk commodities
4. Implementing an exemption from business tax on imported fertilizers
5. Reducing the commodity tax on Portland I cement, gasoline and diesel oil

II. Property management measures
1. Discontinuing of open tender for national land more than 500 ping
2. Establishment of after-sale repurchase mechanism of national land

Issued:Dept. of Planning Release date:2021-12-28 Last updated:2021-12-28 Click times:227