Enough land pledged for booster plan
By Wu Jiao | China Daily | Updated: 2008-11-14 07:47
The Ministry of Land and Resources (MLR) will try to ensure "timely" land supply to match the central government's 4-trillion-yuan ($586 billion) stimulus package to increase domestic demand and boost the economy, top land officials said yesterday.
This is an important step because it comes amid a tightening land policy given the shrinking area of arable land in the country.
The central government's stimulus package includes massive projects to build low-income housing units, improve rural infrastructure, electricity supply and transport networks, provide safe drinking water and protect the environment.
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