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National Association of REALTORS® and the China Real Estate Association
Beijing, China
September 2004
International Real Estate Conference and Expo


After many years of sharing a memorandum of friendly of cooperation, the National Association of REALTORS® (NAR) and the China Real Estate Association (CREA) signed a Bilateral Agreement.

On September 9, 2004, NAR President Walter McDonald and CREA President Yang Shen signed the Agreement. Ziufeng Liu, the Deputy Minister of Ministry of Construction was present along with major Chinese live media broadcasting. More than 150 real estate professionals from China, South Korea and the United States witnessed the signing ceremony.

This Bilateral Agreement is significant because it recognizes China - one of the major economic engines in the world - as a partner in NAR’s global family of 62 real estate associations in 51 countries.


NAR President Walt McDonald signs the Bilateral Agreement with CREA. NAR President's Liaison to China, Fanny Chu, CIPS, looks on; along with NAR Staff Xiannian Ye; NAR Regional Coordinator to Asia/Pacific Gail Lyons, CIPS; NAR International Operations Commitee Chair Maire Rosol, CIPS; and Zhifeng Liu of the Chinese Ministry of Construction.





NAR President Walt McDonald shakes hands with CREA President Yang Shen after they sign the Bilateral Agreement.


Participants in a panel discussion on international real estate (L to R): NAR International Operations Commitee Chair Maire Rosol, CIPS; Korea Real Estate Brokers Association President Bu-Won Kim, CIPS; CREA President Yang Shen; NAR President Walt McDonald; and NAR Regional Coordinator to Asia/Pacific Gail Lyons, CIPS.


Read about the 2003 International Real Estate Conference in China.

For more information on NAR's international activities in China, please contact NAR Staff Xiannian Ye.


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