china daily(CPC).doc

Key CPC meeting opens to set reform agenda BEIJING - The Communist Party of China (CPC) kicked off a key meeting in Beijing on Saturday with a discussion on comprehensively deepening reform top on the agenda. The four-day Third Plenary Session of the 18th CPC Central Committee will deliberate on a draft decision of the CPC Central Committee on major issues concerning comprehensively deepening reforms. The document, which pools the wisdom of the whole Party and from all aspects, has been widely seen as a tone-setting document for comprehensively deepening reform in the worlds second largest economy. The Political Bureau of the 18th CPC Central Committee will also report its work to the Central Committee during the meeting Chinese land reform at crucial stage BEIJING - Anticipation of land reform is running high in China, where a unique land system has hobbled urbanization. Whether farmers will be granted the right to more money through trading their land is key to revitalizing the rural economy and speeding up urbanization the government has been pushing for years. Details of land reform are widely expected to emerge from the upcoming third plenary session of the 18th Communist Party of China Central Committee. The land system is a fundamental institution that affects a countrys overall economic development. The ruling partys decisions on the land reform will change the current land laws and regulations, said Zheng Fengtian, vice-dean of the School of Agricultural Economics and Rural Development at Renmin University of China. According to Chinese law, urban land is owned by the state and rural land is under collective ownership. Farmers use the land but have no right to sell or develop it. Since the 1990s, the property market has flourished in cities and has been a major engine of growth, while ownership rules for rural land have not changed in decades, constricting rural development. Urbanization means hundreds of millions of farmers leaving the land to work in citi