Realty information platform on cards
By Zheng Yangpeng | China Daily | Updated: 2015-08-07 08:31
Database could pave the way for a new property tax system, better consolidation of industry
A national property information platform is set to be established by 2017, paving the way for a possible new property tax, according to a document released by the Ministry of Land and Resources on Thursday.
The platform is a central piece in China's planned real-estate registration project, formally launched earlier this year, which is aimed at ending a patchwork system which is overseen by various departments in various cities.
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