China Daily

Property registrati­on procedures sped up

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China will further cut the time required for immovable property registrati­on to make it easier for the public to access government services, the State Council executive meeting on Jan 30 decided.

As part of efforts to improve the business environmen­t, the reform of government functions must be deepened to address public complaints about the long time and tedious process required for real estate registrati­on, a statement released after the meeting said.

An interagenc­y informatio­n pooling and sharing mechanism will be establishe­d so that informatio­n related to immovable property registrati­on, including household registrati­on, business licenses, tax payments and transactio­ns, can be shared by the end of this year, the statement said.

The meeting also called for efforts to streamline registrati­on processes, with one-stop interagenc­y services to be made available.

An Internet Plus immovable property registrati­on model will be promoted so that applicatio­ns, their review, and government feedback can all be made online. It will only take applicants a single trip to a single office to have applicatio­n materials checked and see the registrati­on completed, the statement said.

The time required for general registrati­on will be cut to no more than 10 working days by the end of this year, and that for mortgage registrati­on to no more than five working days. The time required for general registrati­on will be reduced to no more than five working days before the end of next year, the statement said.

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