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Wake up Land Sleeping Capital

 

Memorandum for Chenzhou city’s party and government delegation trip to western cities

 

Land was named as “sleeping capital” by some scholars. Though all the departments were committed to wake up such sleeping capital, the delay on issuing relative policies hindered the progress for waking it up.

 

In order to successfully wake the sleeping capital up, Gaoling county of Xi’an city took the first action to promote rural reform of property rights system which further promoted the overall integrated development reform of urban and rural areas.

 

The main contents of the reform handled by Gaoling town including right registration for ownership of the rural collective land, contractual right of land, right to the use of collective construction land, house-ownership of collective construction land, etc., and construction for rural assets transfer platform to establish its marketing system. Furthermore, in order to inspire the potentiality of rural lands, Gaoling county broke current policy strain to carry out the mortgage loan of contractual right of land, which greatly helped to solve the capital problem on the rural area development process.

 

The key advantage for this mortgage loan of contractual right of land was to realize the rural property right transferred to capital which activated people’s enthusiasm on overall integrated development of urban and rural areas and other rural production factors.

 

On the process of further development of Chenzhou overall integrated development of urban and rural areas, some problems as unbalanced development condition of urban and rural areas, weak agricultural foundation, lagging of rural development, difficult access ways leading to market, etc. greatly blocked the ways for Chenzhou rural area’s further improvement. Once the sleeping capital was activated, all the peasants were with a wider way to improve their current condition.

 

Though land transfer was constrained by some regular policies, the successful experience worked out by Gaoling county inspired Chenzhou city to emancipate its mind to find a way to solve the capital problem. The Governor of Hunan Province- Xu Shousheng also encouraged Chenzhou city to take active action to carry out the reform to achieve the its further development and improve people’s living condition.

 

Three years ago, followed with the advanced financing ways as BT, BOT, etc., Chenzhou city solved the capital shortage problems for city construction projects. Concerning for the overall integrated development of urban and rural areas, Chenzhou city should try to obtain more favorable policies from upper level department to carry out the reform. At the meantime, more open ideas should be applied to the exploration of rural area’s construction, only with this way can Chenzhou city find a new method to carry out overall integrated development of rural and urban areas.