Abstract
Describes the historical background to urban land policy in China. Since 1979, policies of economic reform have been instituted. In the new “socialist market economy”, incentive‐based competition between enterprises has arisen and managers and workers now have interest and returns more closely allied to profitability. Describes recent legislation to consolidate the moves to reform the land market. Urban land reform has provided a supply of land on to the market to establish a functioning property market. It has restrained land use in agriculture, diverting land to a higher, more profitable use.
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