New land transaction pattern available in Chongqing

It is said that Chongqing United Assets and Equity Exchange has signed strategic cooperation agreements with 11 districts and counties of Chongqing, aiming to improve land trading efficiency in districts and counties through new pattern.

At present, Chongqing United Assets and Equity Exchange has accumulatively signed agreements with 11 districts and counties and cooperated with them to complete 123 state-owned land transactions with a total turnover of 9.735 billion yuan. Places like Dianjiang, Jiangjin and Nanchuan are also seeking cooperation agreement with Chongqing United Assets and Equity Exchange. It is estimated that the e-biding system for land transaction of Chongqing United Assets and Equity Exchange will be available in all the districts and counties of Chongqing by the 1st half of 2013.

This year, the turnover of Chongqing United Assets and Equity Exchange will reach 50 billion yuan, with turnover of transaction in assets outside Chongqing accounting for more than one third of its turnover.

Huang Xiqin