The Research On The Running Mechanism Of Land Storage System In China

Land reserve is the land reserve centers in the city recover the land together from the land owners, by purchasing, exchanging, conversioning or some other ways. These lands reserved will be uesd by land reserve center for series land consolidation, for example, employees and residents'housings, house dismantlementin, land leveling and so on. Then put the land to the market, according to the urban planning and urban land remise of the annual plan. October 12th,2008, the 17th Central Committee of the Communist Party of China(CPC)started its third plenary session and obtained consistency to promote the rural reform.And a number of major issues in the decision also emphasized that the reasonable flow of land and the land system innovation, which reflected that the land reform development in the national economy has played an increasingly important role. Our urban land owned by the State, through the introduction of the land there is a fee to use the period to form the land market. In such a system of land within the framework of the state is the only land owners, the state-owned land have rights to sell and rent which form the monopolistic urban land market level. And achieve the legal national land-use rights can access market circulation in terms of the contract, transfer and sublet to form a competitive land on the secondary market. Land reserve system, the emergence of its phenomenon is not an accident, which were an inevitable result of our country's economic structural reform, land use reform and the deepening of land management system reform.As the land reserve system being implemented and developed, China's land market standardization has made considerable progresses. As the establishment of land reserve system has not a long time, there still not be perfect. Because of the lack of supporting laws, regulations and not clear legal status, there have been many problems in practice. A land bank agency fuzzy nature of the position, responsibilities, rights are not clear, the land reserve policy for the effective implementation difficult, and a lack of effective supervision mechanism, the land reserve system of fairness, impartiality, so it is difficult to ensure.These problems affect the land market healthy development in a long term. To make a better service to our country's economic construction,we should strengthen the land reserve system and establish more channels to raise funds to protect the smooth progress of a land bank.Through a land bank of the operating mechanism and its development in current status, this paper points out the three steps in a land bank, the acquisition of land, land reserves and land supply, had some problems in the operation. And made scientific analysis for every aspect of the se problems. In the land purchase and reserve mechanism, there is a phenomenon of rent-seeking. The acquisition of land in the session, a number of local governments to pursue money one-sided and almost all land acquisition projects have a ride in the public interest, free to sell, lease state-owned land. There are a number of development zones have been circled but without reserve, while the real industrial enterprises also can not sign, which impact the enterprise's further development. In a land bank, the city government had interests on the allocation of land resources and land distribution issues, the pursuit of a strong local economic interests had been a trend. When the interests of the country's conflict with local interests, local governments must safeguard their best interests, which leads to the emergence of the rent-seeking activities between central government and local governments. In the process of land supply, the rent-seeking behavior happened between government and the developers, the focus of which is the authorization of developers. The innovation in this article is using the game analysis to analyse land acquisition reserves. This includes the central and local governments in the game, the local government's land between the different sessions in the game and the government and the developers in the game.This paper made a deep analysis of the land purchase and reserve mechanism on the basis of all the procedures, proposed the basic frame work for a land reserve system to run effectively, and improve the management of the land bank discussed. Establish and improve the urban land-use planning system, make an objective and scientific evaluation to the real value of the land reserves, strengthen the management of the social fund-raising mechanisms in the land bank, enhance the acquisition of land reserve loans, as well as risk management control, fix a reasonable price of land and strengthen the laws and regulations. The acquisition of land reserve system is not only a land bank but also reserve funds.Land reserves in the course of the operation need a lot of money, which has become the key to the land purchase and reserve system's smooth implementation. By expanding financing channels for a land bank in the process of development projects, such as ways to diversify the means to determine a reasonable price of land from the direction of capital flows and financial direction of the outflow of funds to build a virtuous circle in-house system. And the way to improve the land purchase and reserve funds of its own institutions is to ensure that the ratio of land reserves in the capital flow is smooth.Finally, this paper presents reasonable proposals for the land reserves. Establish and improve the urban land-use planning system, use an objective and scientific evaluation to evalue land reserves, strengthen the management of land reserves, establish a social fund-raising mechanisms, enhance land reserve loans as well as risk management control, determine a reasonable price of land. Strengthen the laws and regulations. As the Central Committee decision, in the reform of the land system, it must be found a new way to meet the purposes of industrialization and urbanization of land for construction and the need to protect arable land policy. Its way out: First, continue to implement the balance of land policy. Second, continue to implement a strict system of land conservation and the third is reforming the land requisition system to improve and standardize government and enterprises behavior. As we can see, this article, studied the land reserves, has a time significance.