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New catalogs of projects subject to land use restriction or prohibition

Hogan Lovells
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China
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February 26 2007

On December 12, 2006, the Ministry of Land and Resources and the National Development and Reform Commission jointly issued the 2006 Catalogs for Projects Subject to Land Use Restriction or Prohibition, with a view to support the implementation of the national industrial policies and macro control of economy

Law of China on Rights in Rem: impact on the real estate sector

Hogan Lovells
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China
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May 31 2007

On March 16, 2007, the 5th Session of China’s 10th National People's Congress adopted the Law of the People’s Republic of China on Rights in Rem, which will take effect on October 1, 2007

Government-affiliated agencies control preliminary development of land under new land reserve measures

Hogan Lovells
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China
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March 26 2008

The Chinese central government issued a set of measures on the administration of land reserves in late 2007, which represent the Chinese government’s regulatory effort to establish a unified, government-backed, national land reserve system to reduce real estate developers’ capacities to engage in land speculation

Chinese government launches favorable policies to promote trading in the real estate

Hogan Lovells
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China
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March 4 2009

On December 20, 2008, the General Office of the State Council issued the Several Opinions on Promoting the Sound Development of the Real Estate Market, which took effect on the same day

China updates the rules for land registration in order to keep pace with the Property Law

Hogan Lovells
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China
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March 31 2008

The Measures for Land Registration (the Measures) went into effect in China on February 1, 2008, signifying a step by the Ministry of Land and Resources (the MLR) to implement the relevant provisions in the Property Law, which went into effect on October 1, 2007

Further actions to regulate investment in China’s real estate sector

Hogan Lovells
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China
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July 18 2007

Recently, several actions have been taken by various central governmental agencies, including the Ministry of Commerce (MOFCOM), the State Administration of Foreign Exchange (SAFE) and the State Administration of Taxation (SAT), to ensure control over the investment or use of foreign capital in China’s real estate sector

Central government encourages efficient and intensive land use

Hogan Lovells
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China
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March 26 2008

On January 3, 2008 the State Council issued the Circular of the State Council on Promoting Efficient and Intensive Land Use ( No.3 2008 of the State Council, the Circular

Farmland occupation tax rates up and exemptions for foreign-invested enterprises discontinued

Hogan Lovells
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China
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March 26 2008

In the past few years, the Chinese government has heightened its legislative efforts to curb the decrease in farmland acreage

China further strengthens administration of consumer real estate loans

Hogan Lovells
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China
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March 26 2008

In September 2007, the Chinese government issued the Circular on Strengthening the Administration of Commercial Real Estate Loans ( Circular 359) in order to cool the overheated real estate market

Amendments of Provisional Regulations on Urban Land Use Tax of PRC

Hogan Lovells
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China
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March 27 2007

For the purpose of rationalizing the use of land in cities and towns, regulating the income differential on land, improving efficient use in use and strengthening land management, the State Council amended Provisional Regulations on Urban Land Use Tax ("the “New Regulations”