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China discloses more to improve market climate

2013-11-21 08:47 Xinhua Web Editor: qindexing
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China is to expose intellectual property rights (IPR) violations to the public, and build a system of real property registration, according to a State Council statement on Wednesday.

Manufacture and sale of counterfeit or substandard products, as well as IPR infringement will be disclosed to the public following legal procedures, said the statement issued after an executive meeting of the State Council presided over by Premier Li Keqiang.

The move, part of the central government's efforts to step up government information transparency, is expected to spur the upgrading of product quality, boost consumer confidence, protect IPR and encourage innovation.

The central government ordered law enforcement authorities to disclose case details, penalties and evidence within a prescribed period of time after the decision is made, and to make timely response to public concerns.

Such information should be encompassed in a social credit system, and local governments at all levels should strengthen supervision to ensure effective enforcement, it said.

The State Council also decided to integrate the responsibilities for real estate registration that are currently scattered across different departments, to improve administrative governance and ease burdens on enterprises and the public.

The Ministry of Land and Resources will be in charge of directing the registration of land, real estate, grassland, forest land and maritime space.

No change is made on departments entrusted with industry management and supervision on real property transactions, the statement said.

An information platform will be established to ensure information exchange between departments and efforts will be made to push forward a system of real property registration open to public inquiry.

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