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China Facing Serious Land Supply Shortage

Beginning on March 5, the Ministry of Land and Resources sent 30 research groups, led by nearly 100 bureau-level senior officials, to 30 provinces, autonomous regions, and municipalities to research land usage by local governments. Their reports showed that the local governments have a strong desire to take farm land for urbanization. There is a great land supply shortage. For example, Anhui Province has a need for 83,000 acres of land for construction, but its land usage quota from the central government was only half of that amount. It’s a common problem among other provinces. There are also tough issues in land management, mineral resource integration, and farmland management system reform.

Source: China News Service, March 23, 2010
http://www.chinanews.com.cn/estate/estate-tdxw/news/2010/03-23/2185501.shtml