China Financial Daily

August 13, 2009

Granted a new construction site of this year increased 16.7 percent, 70% cale for infrastructure

Filed under: Financial News — Tags: — lily @ 11:24 am -0700

Granted a new construction site of this year increased 16.7 percent, 70% cale for infrastructure
Expansion of domestic demand growth in the demands of security, local urban infrastructure construction speed, which makes the demand for land around has increased considerably.

CBN news yesterday from the Ministry of Land and Resources (hereinafter referred to as “the Department of Homeland”) was informed that the 2009 Annual Report approved by the State Council approval of urban construction land has been fully completed. 81 cities in the country approved the scale of urban construction land newly acquired 16.7 percent increase over last year.

From the approved planning purposes, the approval of more for urban transport and public infrastructure projects and the residence.

However, arable land Land Protection Division of the Department said that the State Council for approval this year, the city construction sites to review the work submitted for approval, to declare the existence of large-scale land, the declaration is not timely, and has approved the site for low rates of problem and the need to resolve as soon as possible.

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