Land policy reform in China: assessment and prospects

China has launched a series of land policy reforms to improve land-use efficiency, to rationalize land allocation, to enhance land management, and to coordinate urban and rural development. These land policy reforms have yielded positive impacts on urban land use as well as negative socioeconomic consequences. On the positive side, they have contributed to emerging land markets, increased government revenue for the financing of massive infrastructure projects and provision of public goods, and improved the rationalization of land use. On the negative side, problems such as loss of social equity, socioeconomic conflicts, and government corruption have emerged. This paper reviews Chinaʹs land policy reform in a historical context and then examines the impacts on urban development and land use. Policy implications are discussed at the end.