China mulls law revision on 70-year land use right of properties: premier

0 Comment(s)Print E-mail Xinhua, March 15, 2017
Adjust font size:

China's State Council has entrusted relevant departments to draft motions to revise laws on real estate protection amid public concerns over the 70-year land use limit of residential properties, Premier Li Keqiang said Wednesday.

The move aims to provide a legal guarantee for the renewal of the land use right after it expires in 70 years, Li told a press conference after the conclusion of the annual legislative session.

"The land use right can be renewed without application or preset conditions, and transaction of the property will not be affected," Li reassured the public.

Follow China.org.cn on Twitter and Facebook to join the conversation.
ChinaNews App Download
Print E-mail Bookmark and Share

Go to Forum >>0 Comment(s)

No comments.

Add your comments...

  • User Name Required
  • Your Comment
  • Enter the words you see:    
    Racist, abusive and off-topic comments may be removed by the moderator.
Send your storiesGet more from China.org.cnMobileRSSNewsletter