Land Banking Investment Trusts-Broaden The Land Banking Financial

Land Banking is an innovation of land management system, which is for the sake of controlling the land market and stabilizing the development of the region economic. It is made up according to The Master Plan and urban planning, including purchasing land, storing up land, developing land and selling land systematically. Practice has proved that it really worked in regulating the land market, fulfilling planning objectives, accelerating the urban redevelopment and controlling the price of real estate. But the shortage of capital is blocking the Land Banking working day by day, the Financial Allocation and bank loans are far from the needs of Land Banking working. It needs to broaden the financing channel, and the mode of REITs which is well developing in real estate can be transplant to the Land Banking, called Land Banking Investment Trusts. LBITs can meet the needs of Land banking.The paper's key content as follows:(1) Analyzing the study of land financing home and abroad, finding out the gap and the objectives of future studying.(2) Presenting the history of Chinese land financial, introducing the developing of Land Banking and its three type, and summing up the experience on contrasting the financial way abroad.(3) Introducing the definition and type of LBITs, analyzing its feasibility and significance, and then proposing the mode of LBITs considering the needs of Land Banking and the immature financial market.(4) Identifying the risk will happen during the LBITs'operation and propose inner ways to keep the risk away.(5) Proposing some advises which is good for the developing of LBITs.