People complete the formalities of real estate transactions at a registration center in Handan Jalen Reeves-Maybin Jersey , Hebei province, in April 2014. The Provisional Regulation on Real Estate Registration will take effect on March 1, 2015 and make it clear that the goal is to end a patchwork system overseen by various agencies and standardize the registration procedure.[Hao QunyingChina Daily] As regulation takes effect, worries recede over related property taxes and corruption probes
On Sunday Kenny Golladay Jersey , the Provisional Regulation on Real Estate Registration will take effect, and there is renewed speculation that a property sell-off looms as corrupt officials scramble to unload property acquired with illicit gains.
However, a closer look at the regulation itself and interviews with experts suggest that much of the talk is just hype.
The regulation, containing 35 articles Teez Tabor Jersey , makes it clear that the goal is to end a patchwork system overseen by various agencies and standardize the registration procedure. The Ministry of Land and Resources has the mandate to guide and supervise real estate registration nationwide.
Every government jurisdiction at or above the county level has been directed to establish a special agency to be responsible for registration.
A conference held by the ministry in mid-February said that most provincial governments have already established a single agency for registration, while consolidation work at the sub-provincial and county level is advancing. To facilitate the implementation of the regulation, a detailed version of the implementation rule will be announced soon.
All this suggests that for now, institution-building is the priority of policymakers Jarrad Davis Jersey , while levying tax or exposing illegal property holdings - which is what many feared - is not what the authorities have in mind.
A report by Industrial Securities Co Ltd said that the full implementation of the regulation is a project with a long time frame and the chances are "slim" that it can be finished within two years.
A "unified information platform" will be established, and it will become fully operational by 2017, said Wang Guanghua, an official with the land ministry who is in charge of the matter Kerryon Johnson Jersey , when the regulation was passed on Dec 22.
Without a "unified information platform", it will be difficult to levy property tax on a national scale, which means a nationwide property tax will not materialize before 2017, although such taxes can be imposed within cities.
Li Miaoxian Frank Ragnow Jersey , an analyst with Bank of Communications International Holdings Co, said that the essential function of the regulation is to consolidate the property ownership data that has been scattered among numerous jurisdictions. Doing so will enable the authorities to trace how many properties an individual holds in different locations, Li said.
Work on a unified registration system was initially led by the Ministry of Housing and Urban-Rural Development. By 2012, the ministry had integrated housing information in 40 cities. But plans to expand it to 500 cities were delayed for various reasons.
A section of the regulation stating that the nation aims to achieve "real-time intercity information sharing" means that the housing ministry's work has been superseded by the new system.
"'Real-time intercity information sharing' is the meat of the regulation Detroit Lions Hats ," said Li.
A property construction site in Nanjing, capital of Jiangsu province. [Photo provided to China Daily]
However, a commentary by the People's Daily on Friday claimed that the property tax has yet to materialize, but not because the authorities lack sufficient information on property holdings.
Rather Detroit Lions T-Shirts , there is a concern over the "social impact", it said.
Sun Xianzhong, a law researcher with the Chinese Academy of Social Sciences, the top think tank of the central government Detroit Lions Hoodie , said the regulation is a "totally different arena" from the laws that guarantee the transparency of officials' assets.
If investigators want to collect a suspect's housing information, it should not be difficult for them to trace properties back to a "corrupt element" no matter whose name is on the ownership certificate - the regulation does not make it easier or harder, said Sun.
BUENOS AIRES， June 27 (Xinhua) -- The coach for Argentina's national soccer team， Gerardo Martino， will continue with the side and lead the Under 23 team through the Olympic Games 2016 in Rio de Janeiro.
The news came from the Argentine Football Association (AFA) on Monday， putting an end to rumors of Martino's possible resignation after his team lost the 2016 Centennial Copa America to Chile on Sunday in the United States.
The coach faced his second consecutive frustration in the regional soccer tournament after Argentina lost the final to Chile back in the 2015 edition.
Both matches ended 0-0 after extra time and then Chile went on to take the title in the penalty shootout.
According to the AFA， from next Monday， Martino and his coaching team will begin working with the Under 23 national side ahead of their participation in the Olympic Games in August.
The first practice session will take place at 15:00 local time (18:00 GMT) at the Ezeiza training ground， on the southern outskirts of Buenos Aires.
Since Sunday's defeat to Chile， soccer star and Argentine captain Lionel Messi has announced his resignation from international soccer due to the lack of results.
The team， including the forward， arrived in Ezeiza's international airport on Monday evening and from there they were transported to the AFA's headquarters.
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