|China to establish real estate registration by 2017|
A joint conference with nine senior departments led by the MLR was authorized by the State Council,
MLR chief Jiang Daming said that the registration system of real estate should preserve property rights and transaction security with higher efficiency and management standards, so as to boost the market-oriented economy and financial reforms.
He also said that
The country will also accelerate the registration of rural collective construction land including homesteads, to provide the basis for reform of related markets, the minister added.