China's land resources minister said on Monday that China is studying ways to allow rural land to be sold for rental housing, a policy that, if implemented, could terminate the State monopoly over land sales, a media outlet belonging to the Xinhua News Agency reported on Monday.iFeng: 政府将不再垄断住房供地 这些影响你要知道
Minister of Land and Resources Jiang Daming said China will explore ways to separate three rights of countryside homesteads: to ensure the collective ownership rights for such land, to ensure farmers' qualification rights and to reasonably relax usage rights.
Jiang noted that this would be a major innovation in both theory and practice.
GOOG/GOOGL: Blowout Quarter, MSFT: Excellent Quarter As Well
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Google (GOOG/GOOGL) just reported a blowout quarter after the market close
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