Izin Sun О – Postgraduate of the Institute of Finance; Associate Professor (Central University of Finance and Economics, the People’s Republic of China, Bejg; Internal Mongolian University of Finance and Economics)
Chao Din О – Postgraduate (Central University of Finance and Economics, the People’s Republic of China, Bejing)
Siuetsziun Chzhan О – Candidate of Science, Economics; Research Associate of the Institute of Finance (Institute of Far Eastern Studies, Russian Academy of Sciences, Moscow; Central University of Finance and Economics, the People’s Republic of China, Bejing)
The existing research works demonstrate the absence of a close investment correlation between different national economy sectors (the so-called multi-system), which, as the experts believe, will trigger the launching of the real estate tax reforming in China. The main directions of changes able to boost the investment activities are: the system of collection of the real estate tax and oversight of its expenditure, public sector development and budget system (the dilemma of social equity and economic efficiency), current system of residence registration, the right to a free movement and “voting by feet” (choice of comfortable conditions for life and work), the mandatory direct debit system imposed on the real estate and local authorities’ democratic regime etc.
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