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Supervision of land transfers

China Daily | Updated: 2007-08-07 07:11

Measures should be taken to restore order in the land transfer process, says an article in China Youth Daily. The following is an excerpt:

When land is scarce, prices rise fast. The name of the most expensive land parcel, or the so-called "land king", has been updated quickly. The newest one comes from Changsha, capital of Hunan Province, with its price reaching 9.2 billion yuan ($1.2 billion).

Whether these huge land transfer revenues can be timely and fully collected by the local government is still a question mark. According to reports, a land transfer is an area fraught with problems and some even say it is a hotbed of corruption. So much so that the Ministry of Land and Resources has listed it on its agenda to fight commercial bribery in the land transfer areas.

Supervision of land transfers

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