On October 23, 2021, the 31st meeting of the Standing Committee of the 13th National People’s Congress made a decision to authorize the State Council to carry out real estate tax reform pilot work in some regions. A reporter from Xinhua News Agency interviewed relevant persons in charge of the Ministry of Finance and the State Administration of Taxation. Relevant persons in charge stated that the Ministry of Finance and the State Administration of Taxation will, in accordance with the authorization of the Standing Committee of the National People’s Congress, draft the real estate tax pilot method (draft), and make preparations for the pilot in accordance with the procedures.