The Impact of the Reform of Collective Construction Land Market-entry on the Economic Benefit of Construction Land —— Empirical Investigation Based on the Micro Data of Changzhou
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Since 1988, when the revised Land Administration Law of the PRC removed the restrictions on transfer of state-owned land access, China had consummated State-owned construction land market by proposing laws or regulations in 20 years later, aiming to perfect the trading system, which brought a huge boost in urban land value and increased per-unit land utilization benefit. However, the circulation of collective construction land use right was still blank in laws and regulations, leading to the absence of independent property transaction subject and complete property rights, which was in a state of spontaneous and sporadic transaction. This not only hindered the improvement of collective construction land value, but also highlighted the problems such as low efficiency of land resource allocation, inadequate land use and unreasonable development in the process of collective construction land utilization and development. To solve these problems, in 2015, the Chinese government published The opinions on the reform of rural land expropriation, collective construction land market-entry and homestead system, which marked the kickoff to the reform of collective construction land …
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