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
