China said on Tuesday local governments should use 10 percent of their funds raised through land transfer fees to boost education spending. The Ministry of Finance and Ministry of Education said in a joint circular…
Tag: land sale
June 3, Land sales revenues in 128 Chinese cities dropped 5% year-on-year in the first 5 months of this year to RMB 665.9 billion, the Shanghai Securities Journal reported on Friday, citing data from Shanghai-based…