Land market for private enterprises

Tóm tắt

Land is one of the inputs of production. Establishing and developing a market-driven land market is one of the most important contents of developing a socialist-oriented market economy. With the transition from a planned economy to a market economy, land is officially recognized as a commodity. The State has reformed land policies towards gradually eliminating land subsidies for all economic sectors and shifting to land use right auctions. The land law regulates equality and equal obligations between land users. These reforms create an equally competitive environment and access to land use rights for private enterprises.