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BIZCHINA / Biz Media Digest
Environment: Green legislation
(China Daily)
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BIZCHINA / Center
Real estate law amended to back state expropriation
(Xinhua)
Updated: 2007-08-31 14:10
China's top legislature amended a real estate management law Thursday,
allowing the government to expropriate institutional and private houses
on state-owned land for public interests.
The Standing Committee of the National People's Congress (NPC) voted at
its legislative session that ended on Thursday to add one clause to the
General Principles of the Law on the Management of Urban Real Estate,
which allows the expropriation for public interests while demanding
compensation to owners.
The new clause also underscores that the legal rights of the owners must
be protected and residence conditions of private owners after
resettlement must be guaranteed.
Related readings:
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?Supervision of land transfers?Guangzhou reclaims unused land to boost
housing supply
Special Coverage:
in China
The top legislature authorized the State Council, or the cabinet, to make
administrative regulations on such expropriation to ensure the smooth
implementation of the Property Law that was enacted in March and is to go
into force on October 1.
Currently, there is no law defining the rights and procedure for the
expropriation of institutional and private real estate, while the
existing "Provisions on the Management on the Removal of Urban Houses"
issued by the State Council in 2001 is not accordant with the Property
Law.
The amendment conforms with the First Clause of the 42nd Article of the
Property Law, which says land belonging to institutions and houses and
other real estate belonging to institutions and individuals can be
expropriated for public interests, within the limits of rights and
procedure defined by law.
(For more biz stories, please visit Industry Updates)
Learn Chinese online
Updated: 2007-08-31 10:02
Establishing a circular economy will have multiple benefits for society,
says an article in People's Daily. The following is an excerpt:
The submission of the draft law for the circular economy to the Standing
Committee of the National People's Congress (NPC) for a first reading
marks the advance of efforts to enshrine recycling and conservation in
law.
The economic boom of the last couple decades has placed an enormous
strain on our environment. Efforts to achieve sustainable development
have been retarded by pollution, and the country's environmental problems
have hurt its reputation within the international community.
Having a circular economy will help the country strike a balance. When
the system is enshrined in law, it will help support resource-saving
methods of manufacturing, consumption and urban planning.
Academics say the key obstacles for developing a circular economy in
China are the regional disparities in industrialization, underdeveloped
recycling facilities and the absence of a long-term plan for nurturing
the circular economy.
The draft law being formulated by legislators has taken these obstacles
into consideration. It also states that manufacturers have the primary
responsibility for putting the circular economy into practice. The law
imposes strict standards on emissions and resource use by manufacturers
in several industries.
Meanwhile, the government should play an active part in encouraging
manufacturers and the public to do their part in nurturing the circular
economy.
The government should offer favorable policies for technological
innovation, consumption and education. Financial subsidies may also be
necessary as an incentive.
According to insiders, the draft law is quite comprehensive in its
stipulations about the measures to promote the circular economy. The next
step is to ensure these measures are carried out without being distorted.
(For more biz stories, please visit Industry Updates)
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