Posts Tagged ‘rural development’

China liberalizes farmers’ land use right

October 20th, 2008

China liberalizes farmers’ land use right to boost rural development_English_Xinhua

BEIJING, Oct. 19 (Xinhua) — The Communist Party of China (CPC) issued a landmark policy document on Sunday to allow farmers to “lease their contracted farmland or transfer their land-use right” to boost the scale of operation for farm production and provide funds for them to start new businesses.

The Decision on Major Issues Concerning the Advancement of Rural Reform and Development was approved by the CPC Central Committee on Oct. 12 at a plenary session.

According to the full text of the document, markets for the lease of contracted farmland and transfer of farmland use rights shall be set up and improved to allow farmers to sub-contract, lease, exchange and swap their land use rights, or joined share-holding entities with their farmland.

Such transfers of land-use rights must be voluntarily participated by farmers, with adequate payment and in accordance with the law, the CPC Central Committee said.