The State Council has set out its task list for the next five years, in a move experts describe as laying the cornerstone for modern social governance and a market economy.

Missions on the list include setting up a nationwide real estate registration system, an Internet real-name registration system and a social credibility system.

The document, released on Thursday, follows the government restructuring and change of functions endorsed on March 14. It provides for division of work, and designates specific tasks to be completed by central government departments ahead of a deadline.