A platform for research: civil engineering, architecture and urbanism
A platform for research: civil engineering, architecture and urbanism
Shareholding Land Readjustment Led by Local Government During Peri-Urbanization: The Case of Zhaoqing, China
This paper focuses on a new model of land readjustment integrated with shareholding in Zhaoqing, China. It determines whether this innovation reduces transaction costs throughout the land development process. To cope with the uncertainty during rapid urbanization in peripheral areas, shareholding land readjustment provides opportunities for the original landowners to share the long-term sustainable land value increment. This is accomplished through a shareholding platform built by local government and a closely associated state-owned enterprise, with a guarantee of short-term fixed compensation. Shareholding land readjustment holds great promise in connecting plan implementation with land property exchange issues in the Global South.
Shareholding Land Readjustment Led by Local Government During Peri-Urbanization: The Case of Zhaoqing, China
This paper focuses on a new model of land readjustment integrated with shareholding in Zhaoqing, China. It determines whether this innovation reduces transaction costs throughout the land development process. To cope with the uncertainty during rapid urbanization in peripheral areas, shareholding land readjustment provides opportunities for the original landowners to share the long-term sustainable land value increment. This is accomplished through a shareholding platform built by local government and a closely associated state-owned enterprise, with a guarantee of short-term fixed compensation. Shareholding land readjustment holds great promise in connecting plan implementation with land property exchange issues in the Global South.
Shareholding Land Readjustment Led by Local Government During Peri-Urbanization: The Case of Zhaoqing, China
Chu, Jun (author) / Tong, De (author) / Hong, Yu-Hung (author) / MacLachlan, Ian (author) / Pan, Xiangxiang (author)
Planning Theory & Practice ; 25 ; 225-243
2024-03-14
19 pages
Article (Journal)
Electronic Resource
English
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