State-owned enterprises and industrial land reform in China

In order to promote the optimal allocation of land, China began market-oriented reform of industrial land in 2007. The actions of state-owned enterprises during this reform can reflect the effect of reform. Therefore, this research takes state-owned enterprises as the core object of research, and uses industrial enterprise land purchase data to carry out research from the perspective of land purchase opportunity and purchase price. The results show that: the advantage of state-owned enterprises to purchase high-quality land parcels has been weakened, and a more market-oriented land market has been gradually established. As for land purchase price, the advantage of state-owned enterprises to purchase land at a low price has been gradually weakened. The distortion of industrial land price has been mitigated. These findings show that market-oriented reform of China is effective. State-owned enterprises have gradually integrated into the environment of market-oriented allocation of industrial land. The allocation of land has become more open and efficient.

Automated summary

In order to promote optimal land allocation, China initiated market-oriented reform of industrial land in 2007. This study focuses on state-owned enterprises as the core research object and examines land purchase opportunities and prices from the perspective of industrial enterprise land purchases. The findings indicate that the advantage of state-owned enterprises in purchasing high-quality land has diminished, and a more market-oriented land market has emerged. Additionally, the advantage of state-owned enterprises purchasing land at a low price has also weakened, reducing distortion in industrial land prices. These results demonstrate the effectiveness of China's market-oriented reform, as state-owned enterprises have integrated into a more open and efficient land allocation environment.