Abstract
Land market is an important part of the real estate market and plays a foundational role in its development. Land system in the broad sense refers to the system that encompasses all land-related matters, including all land relations formed on the basis of land ownership and use under specific socioeconomic conditions. In the broad sense, land tenure system covers ownership, use, land, protection, requisition, taxation and management, whereas in the narrow sense, it includes the system of ownership, use and management. There are three levels of land market: level 1, level 2 and level 3, and the main approach of land market regulation shifted from administrative and planned management to economic and legal means. A thorough analysis of the land tenure system reform in the Chinese mainland and the difficulties in land market regulation is important for finding solutions to the problems and promoting the stable and balanced development of the real estate market.
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Notes
- 1.
Tang, Zaifu, and Feng, Lihong. (2014). “China’s Land System Reform Against the Background of a New-type of Urbanization (Part 2),” Journal of Hunan Agricultural University (Social Sciences), 5, 70–76.
- 2.
Guan Zi·on Horse by Guan Zhong (719–645 BC).
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Tang, Z. (2020). Land and Property Taxation and Fiscal Reform and Land Market Control. In: Housing Reform and China’s Real Estate Industry. Research Series on the Chinese Dream and China’s Development Path. Springer, Singapore. https://doi.org/10.1007/978-981-13-0965-6_7
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DOI: https://doi.org/10.1007/978-981-13-0965-6_7
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