Shenzhen Puts Parcel of 'Rural' Land on Market

(Shenzhen) – A parcel of land in Shenzhen that is legally classified as rural will be allowed onto the market, an experiment by the southern city as the country grapples with ways to reform its land policies.

The parcel, near Shenzhen's Bao'an airport, is owned by a rural collective and has been designated for industrial use. Land resource officials in Shenzhen, Guangdong Province, said the city government has approved a plan to let the land be sold this year, meaning a developer could buy usage rights from the government.