Abstract
The existing Compensation mechanism is the single subject government compensation mechanism that has many problems such as single compensation means, lack of stability, low compensation standards and so on, which fails to provide effective incentive for promoting sustainable development. Building the Government-led pluralized subject, diversification of compensation for the entire industrial chain, compensation mechanisms which covers existing housing, and many realization forms of compensation mechanism that includes Government-led mechanism, market regulation mechanisms, legal constraints mechanism, public participation mechanism, are perfection and improvement to single body Government compensation mechanism.
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