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Changing Land Policy and its Impact on Local Growth: The Experience of the Shenzhen Special Economic Zone, China, in the 1980s

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  • Jieming Zhu

    (School of Building and Estate Management, National University ofSingapore, 10 Kent Ridge Crescent, Singapore 0511)

Abstract

Having elaborated the transformation of land policy in the wake of Chinese economic reform and the background to the formation of a new land policy in the Shenzhen Special Economic Zone, China, this paper examines whether the new land policy, which is intended to assist inward and indigenous industries, has achieved positive effects on local growth in Shenzhen. In the course of implementation of the new policy, a dual land market has been created, which contracts commercial land supply on the one hand and encourages subsidized land hoarding on the other. Through the process of revived market-oriented property development, the survey has found that the main beneficiaries of the land subsidy are developers and property investors, while real tenants and the local government have not benefited as much as the land policy intended.

Suggested Citation

  • Jieming Zhu, 1994. "Changing Land Policy and its Impact on Local Growth: The Experience of the Shenzhen Special Economic Zone, China, in the 1980s," Urban Studies, Urban Studies Journal Limited, vol. 31(10), pages 1611-1623, December.
    • Handle: RePEc:sae:urbstu:v:31:y:1994:i:10:p:1611-1623
    DOI: 10.1080/00420989420081541
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    Cited by:

    1. Li Tian, 2014. "Property Rights, Land Values and Urban Development," Books, Edward Elgar Publishing, number 15856.
    2. Lan Yuan Lim & Sun Sheng Han, 2000. "Residential property management in China: a case study of Enjili, Beijing," Journal of Property Research, Taylor & Francis Journals, vol. 17(1), pages 59-73, January.
    3. Hai-Min Lyu & Wen-Chieh Cheng & Jack Shuilong Shen & Arul Arulrajah, 2018. "Investigation of Collapsed Building Incidents on Soft Marine Deposit: Both from Social and Technical Perspectives," Land, MDPI, vol. 7(1), pages 1-12, February.
    4. Li Fang & Chuanhao Tian & Xiaohong Yin & Yan Song, 2018. "Political Cycles and the Mix of Industrial and Residential Land Leasing," Sustainability, MDPI, vol. 10(9), pages 1-24, August.

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