The CCP Central Party School’s newspaper, Study Times, recently republished an article on the current policies on land usage. Today in China, people know that the government’s income comes largely from charges based on the state owned land. Most countries in the world create value out of utilizing land, such as producing high quality agriculture products. Indirect and sustainable creation of the national value based on land reflects the true value of land. In China, land is now more of a “private” stock item for real estate resale. The simple relationship between some government officials and real estate developers provides soil for corruption. The people believe it is the system and the policies that caused the situation.
Source: Study Times, December 21, 2009