Measures Aim: Guangdong Province and Auction Listing

measures aim: According to Guangdong Provincial Department of Natural Resources, the measures aim to give the right of using these islands over to individuals, and anyone who wins the bidding should hand over a proposal for utilizing the island within two years, according to Global Times China. The proposal will be reviewed and approved by government departments and experts. Xinhua/Wei Hua South China's Guangdong Province has released a plan for purchasing its uninhabited islands for tourism, transportation, fishery or other uses. The right to develop the uninhabited island will be granted for tourism, entertainment, transportation, industrial storage, fishery and other business purposes. One was transferred by means of bidding, auction and listing. A total of 26 uninhabited islands in China were granted real estate registration certificates from 2011 to 2017, of which 25 were transferred by means of examination and approval, the Beijing Daily reported on Sunday. (news.financializer.com). As reported in the news.

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