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  • sruz23 sruz23 Apr 2, 2013 10:57 AM Flag

    Game Changer for Shenzhen

    On Jan 18, (2013) the Shenzhen government held a press conference to announce the release of a new policy document aimed at promoting industry in the special economic zone.

    The aspect of the new policy document that has received the most attention states that land used for industrial development that is "owned" by work units formed from what used to be rural collectives, will now be permitted to be sold on the open market for the first time.

    Since this is the first city in China to permit this---land must be scarce. doc

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