china accelerates property registration
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

China accelerates property registration

Arab Today, arab today

Arab Today, arab today China accelerates property registration

Beijing - XINHUA

China established a government agency to supervise property registration on Thursday as part of an effort to accelerate the registration process. The bureau, under the Ministry of Land and Resources, will be in charge of the registration of land, real estate, forest, grassland and maritime space. China plans to build a national property registration system in about three years and make it operational for information sharing and queries in four years. The system is expected to make the property market more transparent and serve as foundation work to better regulate the market

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