Energy News  
SINO DAILY
China adopts new rules to quell huge source of unrest

China to expand property controls: report
Beijing (AFP) Jan 23, 2011 - China is to expand its limits on property purchases to second and third-tier cities, a report said Sunday, as it steps up efforts to cool its real estate market. Authorities have drawn up a list of cities that will have to implement the limits, the Chongqing Evening News quoted an unnamed high-level official at the Ministry of Housing and Urban-Rural Development as saying. Qingdao and Jinan in the nation's east are among cities set to put the rules into effect, the report said. The ministry was not available for comment when contacted by AFP.

Several cities around China have already issued property purchase limits. Beijing was the first to announce such rules last year when it limited families to one new apartment purchase, and Shanghai followed suit in October. According to the report, a total of 16 cities have issued such regulations -- one of several measures aimed at cooling China's property market. The government has also hiked minimum downpayments needed for property transactions to at least 30 percent, and the central bank has raised interest rates twice since October. It has also increased the amount of money banks must keep in reserve in a bid to curb lending. However, property prices have stayed stubbornly high, posting their fourth straight month-on-month rise in December. Analysts have blamed the government's massive stimulus measures launched to combat the financial crisis in late 2008 for flooding the market with liquidity that has led to rising property prices and inflation.
by Staff Writers
Beijing (AFP) Jan 23, 2011
New rules aimed at ending illegal forced demolitions have come into force in China, state media said, as the government moves to quell what has become the nation's biggest source of unrest.

The regulations seek to ease disputes over the expropriation and demolition of people's homes to make way for new buildings, Xinhua news agency reported late Saturday.

Under the rules, which came into effect Friday, violence or coercion must not be used to force homeowners to leave.

If government authorities cannot reach an agreement with residents over expropriations or compensation for their property, demolitions can only be carried out after the local court has reviewed and approved them.

The previous rules had authorised local governments to enforce demolitions at their own will, the report said, quoting unnamed officials at the Ministry of Housing and Urban-Rural Development and the State Council, China's cabinet.

Neither were available for comment when contacted by AFP.

Land disputes have become China's most volatile social problem as officials and developers seek to cash in on the nation's property boom, sometimes forcing people out of their homes without proper compensation.

According to figures released by the China Academy of Social Sciences (CASS), a top government think tank, fights over land account for 65 percent of rural "mass conflicts", and the problem is highly prevalent in cities too.

Reports of grizzly land dispute deaths emerge on a regular basis.

Earlier this month, a 38-year-old woman was killed by a digger while protesting against a canal project in the central province of Henan, in front of numerous officials and security guards.

And last month, a village chief in the eastern province of Zhejiang was suspiciously run over and killed by a truck after he had protested for years against a government-backed land grab.

Compensation for people's homes is often a key trigger for land disputes, and the new rules state that the money paid for expropriated homes must not be lower than the market price for similar properties.

Yu Jianrong, a CASS researcher, said last month that since 1990, the disparity between money paid to residents and the land's market value amounted to about two trillion yuan (294 billion dollars), state media reported.



Share This Article With Planet Earth
del.icio.usdel.icio.us DiggDigg RedditReddit
YahooMyWebYahooMyWeb GoogleGoogle FacebookFacebook



Related Links
China News from SinoDaily.com



Memory Foam Mattress Review
Newsletters :: SpaceDaily :: SpaceWar :: TerraDaily :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News


SINO DAILY
Hu faces rough welcome in US Congress
Washington (AFP) Jan 19, 2011
Chinese President Hu Jintao, challenged and feted at the White House Wednesday, faces a rougher welcome a day later from top US lawmakers who shunned his state dinner and branded him a "dictator." Hu was to meet Thursday with leaders of the US Congress - home to frequent, ringing attacks on China's rights record and economic policy as well as sharp criticisms of its role in nuclear standoff ... read more







SINO DAILY
China and the U.S. sign energy deals

S. Korea orders hotels, stores to turn down heat

Five Standout Species For Extensive Green Roofs

Eon CEO calls for European energy strategy

SINO DAILY
India plans tidal power station

BHP says coal output fell 30% in Australia floods

US creates new agencies for oil oversight

Oil turns higher on Chinese economic surge

SINO DAILY
Mortenson Construction And enXco Partnership Build Sister Wind Projects

Lucintel Benchmarks Wind With Solar Energy

Natural Power Tackle Complex Wind Flow Conditions In Alaska For GVEA

China first in wind power capacity

SINO DAILY
New coating could boost solar cell output

SolarPrint Launches Unmatched Energy Harvesting Technology

Envision Solar Installs Solar Parking Project At Ecotech Institute

ReneSola Improves Cell Efficiency With New 'Virtus Wafer'

SINO DAILY
Russia to help Belarus build nuclear power plant

Top US lawmaker targets civil nuclear pacts

Italy court opens way for nuclear power referendum

School boycott over Indian nuclear station: report

SINO DAILY
Biofuels Production From Integrated Seawater Agriculture System

Bioplastics And Biofuels Partnership Opportunities Are Drying Up

China Will Scale Faster Than US In Race For New Transport Fuels

Celanese Signs LoI For Ethanol Production Facilities In China

SINO DAILY
China Builds Theme Park In Spaceport

Tiangong Space Station Plans Progessing

China-Made Satellite Keeps Remote Areas In Venezuela Connected

Optis Software To Optimize Chinese Satellite Design

SINO DAILY
2010 warmest ever year, says UN weather agency

EU disarray makes it easy for carbon credits hackers

China farmers to get $15 bn subsidies amid drought

Climate change study had 'significant error': experts


The content herein, unless otherwise known to be public domain, are Copyright 1995-2010 - SpaceDaily. AFP and UPI Wire Stories are copyright Agence France-Presse and United Press International. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by SpaceDaily on any Web page published or hosted by SpaceDaily. Privacy Statement