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Land revenue fund
Land transfer income is the total land price obtained by the government by transferring the right to use state-owned land. However, with the rapid development of industry and urbanization, the demand for land in various regions has increased rapidly, resulting in a rapid increase in land transfer income. However, with the passage of time, the economic development gradually showed a slow state, leading to a downward trend in land transfer income.

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1. The scale of land supply has greatly increased.

The substantial increase of land transfer income comes from the continuous expansion of land transfer scale. In recent years, with the economic development and the acceleration of industrialization and urbanization, the demand for land in various places has increased rapidly.

From 200 1 to 20 10, the total supply of construction land in China increased from 178678 hectares to 43256 1 hectare, an increase of 253883 hectares and an average annual increase of 28209 hectares. Among them, the proportion of paid use and supply is 58. 6% of 200 1 to 68% of 20 10.

2. The proportion of land bidding, auction and hanging has risen rapidly.

Among the factors that increase the income from land transfer, the paid transfer of land, especially the increase in the proportion of bidding, auction and hanging, is the main influencing factor. Since 1999, China has continuously promoted the reform of paid land use system, reduced the proportion of allocated land and increased the proportion of paid land use. In particular, in May 2002, the Ministry of Land and Resources issued the order 1 1, stipulating that all kinds of commercial land such as commerce, tourism, entertainment and commercial housing must be sold by tender, auction or listing. In 2004, the State Council issued the Decision on Deepening Reform and Strict Land Management, stipulating that industrial land must be sold by tender, auction and listing, and the proportion of construction land sold by tender, auction and listing was rapid. 2001-2010 The proportion of land area is from 7. 3% to 88. 3%. The revenue from land auction and auction will account for 92% of the total revenue. 23% at 20 10. .

3. The overall level of land price in China has risen.

Affected by the rising demand for land, the increasing proportion of paid land transfer and the rising cost of land, the national land price level continues to rise, and the increase in land transfer income is inevitable. From 2000 to 20 10, the national comprehensive land price level, commercial land price level, residential land price level and industrial land price level increased by 297 respectively. 08%, 308.76%, 528. 10% and 7 1. 18% respectively. Especially since 2006, the national land price level has risen rapidly. 20 10 At the end of the fourth quarter, the overall land price level of the main monitored cities in China 105 was 288 1 yuan /m2, up 86% year-on-year. An increase of 6% over 2006.

4. The latest news: In recent years, the income from land transfer shows a downward trend.

The Ministry of Finance announced the revenue and expenditure of land transfer in 20 15 years. According to the data, the land transfer income paid to the state treasury in 20 15 was 3,365.773 billion yuan, down 2 1.6% year-on-year. In 20 15, the scale of national land transfer revenue and expenditure showed a "double decline"-land transfer revenue decreased and land transfer expenditure decreased. The Ministry of Finance said that it will intensify the crackdown on illegal land use and expand the scope of paid use of state-owned construction land.

The above data show that: first, with the expansion of land use, a large number of non-standard land has appeared in many areas; Second, with the gradual slowdown of economic development, with the passage of time, the market demand is insufficient; Third, in recent years, under the pressure of high real estate inventory, real estate development enterprises are more cautious about buying land, which leads to shrinking transfer and stagnant prices.