On October 12 2007, China enacted a landmark rural land-use reform policy that is likely to mark a critical turning point in China’s economic and social development. For the first time, farmers will be granted official land-use right certificates and the right to lease their contracted farmland to other parties without having to secure approval from the village collectives.
The policy raises several issues: How will this measure impact rural-urban migration patterns, arable land loss, and food resources? How much additional funding will be required to extend social benefits to both rural and urban residents? And where will this funding come from?
Authors: Janamitra Devan, Stefano Negri, Jonathan Woetzel, Rachel Zhao
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