|Xinhua File Photo
BEIJING, Jan. 11 (Xinhua) -- China will set up a bureau for real estate registration to facilitate property management reform, China's top land and resources regulator said on Saturday.
The establishment of the bureau is designed to improve unified system design for registration as China will spell out related regulations this year, Xu Deming, vice minister of land and resources said at a work-planning meeting.
The unified system on real estate registration will include related regulations, registration and information service platforms, documents and survey standards.
Meanwhile, China will accelerate rural land property surveying and registration and promote stockholding system reform in the countryside, Xu said.
Small cities and towns should highlight real estate registration in their organization and government function reform while big cities should enhance cooperation with related departments and share their experience, the vice minister added.
Real estate registration is an essential step if China is to levy property tax.
China builds more affordable housing
BEIJING, Jan. 9 (Xinhua) -- China's government has stepped up efforts to make housing accessible to low-income earners as property prices have sky-rocketed, new data from the country's housing authorities revealed on Thursday.
The country started the construction of 24.9 million affordable housing units from 2011 to 2013, accounting for nearly 70 percent of the construction target of 36 million affordable units during the 2011-2015 period, according to the Ministry of Housing and Urban-Rural Development. Full story