The State Council, China's cabinet, on February 28 approved setting up a cross-ministry joint conference working on the establishment of a unified property registration system.
The conference will coordinate major issues concerning the establishment and implementation of a proposed property registration system.
Chaired by the Ministry of Land and Resources, the conference is intended to hammer out guiding principles and policy suggestions, and conduct research on the drafting of related laws and regulations.
China aims to build a unified property registration system as part of its efforts to curb excessive speculation on the property market. |