Beijing Sets Five-year Target for Laying out Land Use Rights
The central government vowed in a policy document unveiled on January 31 to map out rural land use rights in five years in an effort to protect farmers' interests.
The cost, as high as 150 billion yuan, will be shouldered by both local and central governments.
The so-called No.1 document, issued by the Communist Party's Central Committee every January as its first policy paper of the year, stated that the government will complete a comprehensive survey and registration of rural land use rights in five years. Land in China is owned by the state, and farmers and rural collectives have contracted, long-term usage rights.
- WeChat 'Glitch' Allows Family to Raise over 2 Million Yuan in 80 Minutes
- China's VAT Rebate Reform Aims to Boost Local Government Fiscal Strength
- Share Splits Raise Stock Market Suspicions
- China Faces Severe Coal Transport Capacity Shortage
- Audi Scraps Plans for New China Dealer Network
- Regions Found to Have 'Critical' Heavy Metal Emissions Now Clean Up Act
- Official PMI Spikes as Producer Prices Rise, Exports Surge
- China Adds 10% Consumption Tax for Superluxury Cars
- News Calendar, December 5-11
- Caixin's Manufacturing Indicator Dips to 50.9 in November
- Sign up to receive our free daily newsletter