Knowing about CHINA (Part1)

Starting yet another series about knowing China better.

 

Q: What makes Chinese Communist Party so powerful?

A: Chinese property laws.

 

• In China government owns all the land.

 

• One can never buy land in China.

 

• One can buy only the land using rights.

 

• So one has no ownership but only the right to use the land.

 

• Even the right to use the land is temporary.

 

• The farmers only have tilling rights.

 

• On getting the right to use the land from the government for residential purposes, one has to build within two years otherwise the land returns to the government.

 

• Chinese government has no land acquisition problems because it already owns all the land.

 

• There is no delays in infrastructure development due to delays related to land acquisition.

 

• Cited reasons for non-privation of land ownership are:

 

• Avoid formation of class of landlords.

 

• Avoid land trades and land acquisitions by landlords.

 

• Avoid children inheriting land from their parents without working for it.

 

• Avoid people making profit from land without working.

 

Comments and value additions are most welcome