China unveils guideline for improving secondary market of land use rights

0 Comment(s)Print E-mail Xinhua, July 20, 2019
Adjust font size:

BEIJING, July 19 (Xinhua) -- China on Sunday unveiled a guideline on improving the secondary market of transferring, leasing and mortgaging land use rights for construction purpose.

The country will accelerate the establishment of a secondary market with clear property rights, market pricing, information gathering, trading safety and effective supervision, reads the guideline released by the General Office of the State Council.

The move aims to significantly lower the cost of institutional transactions and improve the efficiency of land resource allocation, providing a land-use guarantee for high-quality economic growth, according to the guideline. Enditem

Follow 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