China issues real estate registration rules





  Mainland super-rich getting richer faster than overseas Chinese: report

By Liu Tong and Huang Xiaoxi

The Chinese mainland super-rich are closing the wealth-accumulation gap with overseas Chinese millionaires, according to a report released on Monday of December 22.

The report compared mainland super-rich and their overseas counterparts in regions of Southeast Asia, Europe, Taiwan and Hong Kong.

From 2008 to 2013, the incomes of the top 180 richest people on the mainland expanded four times faster than that of the top 180 richest overseas Chinese expatriates, said the report, which also referred to research by the Hurun Report and Forbes lists.

It also found that the mainland rich mainly made money in the real estate, high-tech and heavy chemical industries while overseas Chinese millionaires made their fortunes in real estate, manufacturing and financial services.

The report was first published by Huaqiao University in 2010, this is the fourth time the study has been undertaken.





  China issues real estate registration rules

By Zhang Xu and Wang Libin

The State Council, China’s Cabinet, has issued provisional regulations on real estate registration, according to a statement released on Monday of December 22.

The regulations include 35 articles and will take effect March 1, 2015, the statement said.

In accordance with China’s Property Law, the new rules mark the beginning of the country’s real estate registration work, to be guided and supervised by the land and resources authorities.

All governments above the county level shall designate special departments for registration in their areas and follow instructions from higher governments.

The regulations will cover collective ownership of land, ownership of buildings and forest, contracted land management rights, and rights to the use of construction land, homesteads and maritime areas.

The registration will be filed electronically or in print and kept permanently, and the electronic version shall be backed up regularly, according to the statement.

Land and resources authorities will establish a platform to manage registration information that can be shared in real time and will be strictly confidential.

Anyone who completes a false registration will have to pay compensation. Any abuse of power, forged document or illegal information disclosure of real estate registration will be prosecuted, the statement said.





  Over 50 pct of Chinese worried by “too high” house prices

By Jiang Xufeng and Liu Zheng

More than half of Chinese citizens surveyed said homes were too expensive for them, in the latest national poll by the People’s Bank of China (PBOC).

The survey showed that 58.8 percent of 20,000 people surveyed in 50 cities believe current home prices were “too high to accept” in the fourth quarter, down 0.7 percentage point from the previous quarter.

The property market cooled in 2014, with authorities loosening controls on purchases, mortgage rules and interest rates to avoid an even sharper slowdown. Home prices – especially in large cities – are still too high for most new graduates.

In the fourth quarter, potential “savers” still outnumbered potential “investors” by 44.9 percent to 36.4 percent, but those who expected to invest more rose by 0.4 percentage point while savers fell 1.1 percentage points respectively from the previous quarter.

The most popular investments remained wealth management products, bonds and the manufacturing industry.

Of urban residents, 52.9 percent considered current prices “too high” , down 1.1 percentage points, as the consumer price index, the main gauge of inflation, edged up 1.4 percent year on year in November, the slowest increase since November 2009.





  Chinese hospital disposes doctors taking selfies by operating table

By Fang Ning and Yang Yimiao

A dozen doctors in northwest China’s Shaanxi Province have received administrative punishment after taking group selfies next to a patient undergoing surgery.

Three of the doctors shown in the photos have had their administrative posts removed and the others given administrative warnings, the health bureau in Xi’an, Shannxi’s capital, confirmed on Monday.

The photos were widely circulated on WeChat, China’s popular social networking app, sparking public anger over the doctors’ professional ethics.

The selfies show the doctors smiling and posing in front of an unconscious patient laying on the operating table.

According to the bureau’s investigation, the photos were taken on Aug. 15 this year in the old surgery room of Fengcheng Hospital in Xi’an. The doctors took the photos as a keepsake of the last surgery held in the old operating room.

The bureau has dealt administrative punishments to directors of the hospital and imposed fines.

On popular microblog Sina Weibo, a user named Baiyishanmao, whose account certifies him as a surgeon from east China’s Zhejiang Province, gave his professional opinion.

“Judging from the photos, the surgery has completed. The surgeon’s two assistants were giving a finishing touch on the skin closure.”

Baiyishanmao commented that a doctor can be happier than a patient’s family when successfully completing a difficult surgery. Taking selfies to keep the memory is understandable. However, from a professional point of view, it was inappropriate for some of the doctors had their gauze masks taken off and the patient exposed in the photos.





  Overschooling of kindergarten pupils must stop

By Tian Ying

Chinese authorities suggested that a good kindergarten dean should keep his or her institution a kindergarten, with play taking precedence over academia, in a guideline released on Monday of December 22.

The seemingly self-evident requirement comes after widespread concerns that academic competition is the driving force behind the over-education of young kids.

In response, the Education Ministry drafted a guideline stipulating the professional criteria for kindergarten deans that prohibited the teaching of an academic curriculum.

The draft guideline said games should be the principle activity along with at least two hours outdoor play.

Other criteria included the exposure, and understanding, of domestic and foreign kindergarten practices, and the application an use of relevant IT developments.

Children in China have long had to live under the shadow of high academic expectations and this trend is showing no signs of abating.

In an attempt to ensure their offspring outperform others in school, parents have encouraged the teaching of higher level subjects and topics.





•  Many disabled Chinese spend leisure time alone and idle: report

By Yao Yuan, Zhou Runjian and Zhu Tianjiao

Nearly 40 percent of young Chinese with disabilities spend most of their leisure time “being alone with a blank mind,” a report said, suggesting a lack of entertainment options among China’s disabled population.

The report issued by China Youth & Children Research Center said the majority of young Chinese with disabilities found themselves confined to home in their spare time, a result of their physical difficulties, economic plight and insufficient facilities.

The report surveyed disabled Chinese between the ages of 7 and 35, collecting 4,536 questionnaires from six provinces.

Watching films and TV at home topped their entertainment options, chosen by 64.9 percent of respondents as their main leisure activity, followed by “being idle alone with a blank mind” (38.9 percent), surfing the Internet (20.6 percent) and listening to radio (16.3 percent).

Another 12.9 percent of respondents said they go to parks, while other outside activities such as traveling and visiting museums reported “extremely low participation,” according to the report.

Apart from their physical limitations, the report said disabled people’s poor economic circumstances and a lack of available facilities also made it difficult for them to join sightseeing and museum tours.

The report said disabled young people should be encouraged to leave home to have a social life, and their current low participation in outside activities will negatively affect their integration into society.

China has about 85 million disabled people, accounting for nearly 6.3 percent of the total population.





  Jackie Chan’s son prosecuted on drug charge

By Zhong Qun and Tu Ming

Jaycee Chan, son of Chinese Kungfu star Jackie Chan, was prosecuted in Beijing on Monday for allegedly providing a venue for drug users, according to the People’s Procuratorate of Beijing’s Dongcheng District.

The prosecution came three months after he was formally arrested following a drugs bust at his residence in the capital.

On August 14, Beijing police detained multiple people for drug offences, including Jaycee Chan and Taiwan movie star Ko Chen-tung.

Chan and Ko Chen-tung tested positive for marijuana and both admitted to taking the drug. Police seized more than 100 grams of marijuana at the junior Chan’s home.

Ko Chen-tung was released on August 29 after 14 days of administrative detention.

In Beijing, a number of celebrities have been detained by police on drugs charges.





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