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Friday, February 10, 2017
Wider rural homestead circulation not impossible
ANBOUND

China's Ministry of Land and Resources has recently issued a notice on further speeding-up homestead and collective construction land registration and certification to strictly limit the movement of homesteads within the non-collective economic members. The mobility of homesteads in greater range and within collective organization members is still being studied. In the present circumstances, there is still the need to maintain the rural homesteads as an internal distribution and circulation among collective organization members, and urbanites, especially industrial and commercial capitals cannot conduct rural homestead transaction. There are two things need to be noted; the first is rural homestead right can be delineated by using 1999 as a period marker; the second is studies are still conducted on the possibility of wider circulation of rural homestead, and the possibility cannot be excluded.

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