Ren Zhiqiang: The implementation of real estate tax in China is unrealistic

Newspaper reporter Wang Ying, Beijing, China far away group president Ren Zhiqiang said yesterday, in Shenzhen and other cities to carry out real estate tax pilot is possible, but the real estate tax to spread across the country is not realistic.　　Ren Zhiqiang made the statement at the Nineth annual China Financial Market Conference held in Beijing yesterday. Since this year, the government launched a combination of property control policy, the market volume has slipped. Ren Zhiqiang predicts that under rigid demand, real estate sales and prices will not fall significantly, "at least until next August." "China's property market regulation and control policy is often changed, the overall is the housing market overheating pressure, the property market is too cold to mention, so China's overall decline in housing prices." Ren Zhiqiang said that the real estate market will maintain a steady growth while the economy keeps growing at a high rate.　　Ren Zhiqiang believes that the current concern is inflationary pressure and imported inflation. For the concern of the housing tax reform, Ren Zhiqiang that the real estate tax to spread across the country is not realistic, because the real estate files around the construction of serious backwardness, a decade may not be able to meet the requirements of taxation, "even Beijing has great difficulties."　　Ren Zhiqiang said. In Ren Zhiqiang's view, China to solve the real estate market fundamental problems, can not rely on the introduction of property tax. In his view, it was necessary to address the large demand problems arising from urbanization, the root of this problem is rural and urban land and household registration restrictions, "This needs to start from the system, that is, to allow rural land and urban land replacement, through the free circulation of rural land and appreciation, so that farmers get property benefits, Into the capital of the city. Shuguang, an economist at the Beijing Sky Economic Research Institute, said on the same occasion that the fundamental solution to the real estate problem was to start with supply and demand. "The property tax is sure to come out, but it is uncertain whether it will be available next year because all the preparation and research is not yet in place." "Shuguang said.