21 October 2018

Govt consolidates property registries, SCMP says

China has consolidated its disparate property registries under a single agency as part of a broader effort to control the property market and fight corruption, the South China  Morning Post reported Thursday. In a meeting chaired by Premier Li Keqiang, the State Council decided to give the Ministry of Land and Resources overall authority over the registration of land, buildings, prairies, forests and coastal waters. The central government will set up a database to ease information-sharing on transactions, registrations and other administrative approvals across different departments, the report said.

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