Property tracking system launched
By Wang Qian | China Daily | Updated: 2014-05-09 07:18
China's land watchdog has set up a unified real estate registration bureau, widely viewed as a further move to fight corruption.
The Ministry of Land and Resources said in a statement on Thursday the bureau would supervise registration of real estate nationwide, including housing, forests and grasslands.
The system is expected to be well established by 2016, the ministry said.
Photo