Beijing courts start online judicial auction
Updated: 2014-04-24 19:38
(Xinhua)
|
||||||||
BEIJING - A villa and two apartments, seized by two Beijing courts, will go on sale online next month, authorities said on Thursday, marking the city's first judicial auction on a commercial website.
Fengtai District People's Court posted auction information about a villa in Fengtai District on sf.taobao.com with a starting price of 20.83 million yuan (about 3.39 million U.S.dollars).
Beijing Second Intermediate People's Court posted information about two apartments in Tongzhou District with starting prices of 2.95 million yuan and 1.29 million yuan, respectively.
The online auction will begin at 10 a.m. on May 13.
Online judicial auctions have already begun in Zhejiang, Yunnan, Jiangsu, Guangdong, Anhui, Jiangxi, Henan, Shandong, Fujian, Xinjiang provinces.
The public has criticized Chinese courts' handling of assets seized in lawsuits, as auctions are not transparent enough and transaction prices are sometimes much lower than the real value of the items being auctioned.
"The online auction is part of our reform measures. We will listen to suggestions and feedback from the public to improve our work," said Zhai Jingmin, vice president of Beijing Higher People's Court.
- US sends troops to Poland for exercises
- French 'spiderman' scales 33-story building in Macao
- 2014 China Graduate Fashion Week in Beijing
- Top 10 celebrities driving auto brands
- Childhood photos of Prince William and Kate
- First Tesla luxury sedans arrive in China
- In this year's Boston Marathon, everyone's a winner
- Innovation competition kicks off in New York
Most Viewed
Editor's Picks
Beijing integrates with Tianjin, Hebei |
Enemies share eternity together |
Expats flee big, smoggy cities |
Life after an only child dies |
Parents put kindergartens to the test |
Nomads change for education |
Today's Top News
Obama criticized for Diaoyu Islands remarks
Opinion: Asia's future at risk
Jackson's doctor denied appeal
Another US warship enters Black Sea
Slower growth poses challenges: AmCham
New investment rules open doors
Tesla luxury sedans arrive in China
Lenovo plans sales of 100m smartphones
US Weekly
Geared to go |
The place to be |