Hot word: Collective construction land for commercial use entering the market
China Daily | Updated: 2018-12-25 07:31
集体经营性建设用地入市 (jítǐ jīngyíngxìng jiànshè yòngdì rùshì)
An amendment to the Land Management Law was reviewed by the Standing Committee of National People's Congress on Dec 23. It aims to promote implementation of rural land system reform according to the law.
It will no longer be mandatory for nonagricultural construction land in China to be State-owned.
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