According to the report of China Business News, the revision of Land Management Law will be reviewed within this year. A document named Land Management Law (Revision Draft for Soliciting Comments) (hereinafter referred to as "the draft for soliciting comments") has begun to "solicit opinions" in the national land and resources department system, totally 49 new legal provisions are listed. Among the 49 new rules, the most concerned is that "automatic renewal according to relevant national regulations" after the expiration of the 70-year limit on residential property has replaced the originally explicit "无偿 automatic renewal", and its intention to reserve operating space is obvious.
It is understood that, the "draft for soliciting comments" will form the basic framework of the Land Management Law, and the Legislative Affairs Commission of the Standing Committee of the National People's Congress will also review this law.