Asian Surveying & Mapping
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April 28th, 2014
Shanghai Introduces Shorter Industrial Land Use Terms

Last week the Shanghai Municipal Planning and Land Resources Allocation Bureau announced coming changes to the city’s industrial land use system, including a significant reduction to maximum land use terms. According to officials, the reforms are intended to increase land use efficiency through setting more stringent targets for construction and on-site operations. Under the new system, land use rights will be granted for a period of 20 years, except in the case of certain “important national and municipal industrial projects,” which may be eligible for 50 year terms, as is current practice. Read More