China accelerates property registration  

国土资源部正式挂牌成立不动产登记局

根据《中央编办关于整合不动产登记职责的通知》(中央编办发【2013】134号)和《中央编办关于国土资源部不动产登记人员编制有关问题的批复》(中央编办复字【2014】36号)，在国土资源部地籍管理司加挂不动产登记局牌子，承担指导监督全国土地登记、房屋登记、林地登记、草原登记、海域登记等不动产登记工作的职责。 [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.