China to merge property registration agencies
April 27, 2015 Category Real estate, Weekly
China will merge its property registration agencies before the end of this year. “So far, 27 out of 32 provincial level regions on the mainland have consolidated their provincial registration departments,” the Ministry of Land and Resources’ Property Registration Bureau said in a statement. “But when it comes to lower level places, only 151 out of 3,100 cities and counties have done the work, which means more than 95% of them have yet to begin the consolidation.” The Ministry urged local government to speed up the process.
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