BEIJING, Jan. 30 (Xinhua) -- China will further shorten the time period required for immovable property registration for the convenience of businesses and individuals, a State Council executive meeting decided on Wednesday.
It was decided that the time required for general registration and mortgage registration will be cut to no more than ten and five working days, respectively, by the end of this year. And both will be reduced to no more than five working days before the end of 2020.
The reform of government functions must be deepened to accomplish the goals, according to the meeting chaired by Premier Li Keqiang.
An inter-agency 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 registration processes will be consolidated. Single-window inter-agency services will be made available.
An Internet Plus immovable property registration model will be promoted whereby applications and their reviews and government feedback can all be made online. An applicant needs only one trip to one office to have his or her application materials checked and registration completed, according to the meeting.
It was also decided at the meeting that efforts will be stepped up to help rural migrant workers recover unpaid wages. Centrally-administered state-owned enterprises should take a leading role in repaying overdue debt for private companies.
A single purchase
