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government has announced plans to consolidate various real estate registration offices into one body Authentic Mason Cole Jersey , establishing a single information-sharing platform.
The planned reforms are aimed at providing better protection for the property rights of citizens, while establishing the foundation for a possible tax levy.
The decision was announced at Wednesday's executive meeting of the State Council, the nation's Cabinet. The Ministry of Land and Resources will supervise the registration of real estate nationwide, including housing, forests and sea Authentic Christian Kirk Jersey , according to an official statement.
The move is expected to end the inefficiencies of the existing scenario, by which various kinds of real estate are registered under different government agencies.
Under the new plan, a "basic platform" will be established on which real estate approval, transactions and registration information can be shared by different agencies, thus eliminating the "isolated information islands".
Analysts said part of the program has already been implemented in rural areas Pat Tillman Jersey , where a national delimitation and documentation campaign aims to clarify who owns what. The countryside is notorious for its lack of clarity, due largely to the system of collective ownership.
However, real estate ownership issues require clarification in urban areas too.
Liu Weimin, a real estate researcher at the Development Research Center of the State Council, said that the first and most difficult thing to do during the redevelopment of urban shantytowns is to clarify who owns what property. Many old houses were originally built as collective accommodation for factory workers and later changed hands several times without ownership ever being properly established.
"This move is also conducive to the building of a unified market economy T. J. Logan Jersey , because clear property rights are the bedrock of the efficient running of a market economy," said Liu.
He said clarity on property ownership could also lay the foundations for the levying of property-related taxes, a policy announced among the decisions of the Third Plenary Meeting of the 18th Central Committee of the Communist Party of China.