Chinese Finance Minister Xie Xuren speaks during a press conference of the Fifth Session of the 11th National People's Congress (NPC) on fiscal policy and related issues in Beijing, China, March 6, 2012. (Xinhua/Ju Huanzong)

China is mulling further reforms of property tax and expansion of property tax trials, Finance Minister Xie Xuren said Tuesday.

The reform will be promoted "actively yet steadily," and property tax trails should be expanded to other cities in the nation "at a proper scale," Xie said at a press conference held on the sidelines of the country's annual parliamentary session.

China to step up local gov't debt management: finance minister

China will take further measures to enhance its management of the country's local government debt to prevent and resolve potential fiscal and financial risks, Finance Minister Xie Xuren said Tuesday.

Minister of Finance pledges fiscal support for education

Minister of Finance Xie Xuren said Tuesday governments at multiple levels have made efforts to ensure that educational spending accounts for 4 percent of the GDP in their budgets for this year.

Minister explains why fiscal revenue grows faster than GDP

Chinese Minister of Finance Xie Xuren on Tuesday tried to clear up some public misunderstandings about the country's rapidly expanding fiscal revenue, saying price factors have contributed to these misunderstandings.