Land finance in China: Analysis and review

J Gyourko, Y Shen, J Wu, R Zhang - China Economic Review, 2022 - Elsevier
China's land finance system has been a key contributor to the country's “economic miracle”
over recent decades. While there is much existing research on different components of the …

What gave rise to China's land finance?

N Xu - Land Use Policy, 2019 - Elsevier
Land finance, or tudi caizheng, is a phenomenon unique and critical to China's urban
development. Its genesis, however, has not been seriously addressed. This research …

Land financialisation and the financing of urban development in China

F Wu - Land Use Policy, 2022 - Elsevier
There is a growing body of literature on China's land reform, land system and land-centred
urbanisation. While the contribution of land proceeds to Chinese local public finance and …

Land finance dependence and urban land marketization in China: The perspective of strategic choice of local governments on land transfer

X Fan, S Qiu, Y Sun - Land Use Policy, 2020 - Elsevier
In the context of tax-sharing system, the issue of using profits from land transfers to cover
local government deficits has attracted widespread attention. However, research on how …

The incentives of China's urban land finance

W Qun, L Yongle, Y Siqi - Land Use Policy, 2015 - Elsevier
Land grant premiums and land tax revenues have become two major sources of fiscal
revenue for city governments in China. This type of fiscal revenue strategy for city …

Land marketization, fiscal decentralization, and the dynamics of urban land prices in transitional China

F Yuan, YD Wei, W Xiao - Land Use Policy, 2019 - Elsevier
Urbanization and regional development in transitional China are land-centered, and urban
land expansion has received substantial attention from researchers. However, the nature …

Housing and land financialization under the state ownership of land in China

J Chen, F Wu - Land Use Policy, 2022 - Elsevier
By studying the case of China's state land ownership regime, this paper examines the
financialization of housing and land and illustrates how these processes are intertwined and …

Is urban land development driven by economic development or fiscal revenue stimuli in China?

C Shu, H Xie, J Jiang, Q Chen - Land Use Policy, 2018 - Elsevier
Since the reform and opening-up, urban land development in China mainland has been
increasing dramatically with significant regional differences. Using the panel data of …

Local “land finance” in China's urban expansion: challenges and solutions

G Cao, C Feng, R Tao - China & World Economy, 2008 - Wiley Online Library
This paper considers the issue of local “land finance” in the context of China's fast urban
expansion. In an analysis of China s land requisition and public leasing system we argue …

Land-based finance and property tax in China

Z Liu - Area Development and Policy, 2019 - Taylor & Francis
Over the last two decades, cities in China have relied heavily on the revenues from public
land leasing to finance urban development. This source of revenue is not sustainable. To …