China accelerates property registration  

國土資源部正式掛牌成立不動產登記局

根據《中央編辦關于整合不動產登記職責的通知》(中央編辦發【2013】134號)和《中央編辦關于國土資源部不動產登記人員編制有關問題的批復》(中央編辦復字【2014】36號)，在國土資源部地籍管理司加掛不動產登記局牌子，承擔指導監督全國土地登記、房屋登記、林地登記、草原登記、海域登記等不動產登記工作的職責。 [查看全文]

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.