Opening the System: Granting Land Use Rights by Public Notices
July 02, 2003 | BY
clpstaff &clp articlesPrivately concluded land sales in China cost the state huge sums in lost revenue, and often mask collusion between the parties involved. This month we examine in detail the attempts to create a transparent legal framework for land use transactions.
By Florence Li, Baker & McKenzie, Hong Kong
ThePRC Granting and Assigning Leaseholds in State-owned Urban Land Tentative Regulations (中华人民共和国城镇国有土地使用权出让和转让暂行条例, the Land Grant Regulations), promulgated in May 1990, provide that land use rights shall be granted by agreement, by invitation