Over 60% of land use in China illegal (Xinhua) Updated: 2006-06-07 09:30
China's Ministry of Land and Resources said on Tuesday that over 60 percent
of the new land acquisitions for construction purposes in Chinese cities since
last September are illegal.
The figure is even as high as 90 percent in
some cities, said the ministry, quoting data collected from its latest check of
land use.
A survey conducted by the ministry in 15 cities last year
shows that from October 2003 to September 2005, 52.8 percent of the land
acquisitions for construction were illegal.
The ministry has demanded
its provincial counterparts expose at least three illegal cases in June and more
than eight cases by the end of the year.
If they do not investigate the
illegal cases, the local land and resources departments should be deprived of
the power to ratify new land use, said the ministry.
Surging land demand
has led to soaring investment and fast growth of fixed asset investment.
Government statistics show that China's fixed asset investment rose 29.6 percent
to 1.8 trillion yuan (224.7 billion U.S. dollars) in the first four months.
The central government has adopted administrative and financial measures
to cap the overheated real estate sector. But the local governments did not
strictly follow the regulations due to various considerations concerning local
interests. (For more biz stories, please visit Industry Updates)
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