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Companies lacking social responsibility criticized
49 bank staff penalized for funding illegal power plant
Police fire on drug traffickers in SW China, seize 11 kg of ice
Chinese people's income registers double-digit growth in 2006
Ambitious plans shake up rail, ports and airline sectors
World's top fur supplier hooks up with Chinese designers
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China to donate $1 mln to South Centre
Shandong steers overseas investment in positive direction
China considers special fund for fiscal revenue deficiencies
Industrial Bank wins record IPO subscriptions
Profits of Chinese SOEs hit 965 bln yuan in 2006
RMB hits new high against USD for 7th time since New Year
Industry  
Gov't mulls new property, fuel tax
China begins pouring oil into 1st strategic reserve
Inner Mongolia may replace Shanxi to become largest coal reserve
Stocks drop from record, clipping bullish run
PC sales value growth in China tempered by price war
Mainland's stock index slides from a record
 
Official says no chance of land privatization
SHANGHAI, Jan. 30 -- The Chinese government has ruled out the possibility of land privatization, Chen Xiwen, director of the office of the central leading group on rural work, said today at a press conference.


Chen said land ownership is determined by China's constitution rather than a central government policy.


He said the government will continue land use reforms to control the illegal sale of farm land and to protect farmers' interests.


China is facing problems in handling the issue of rural land rights. Without secure land rights, farmers are increasingly being evicted from their land to make way for the construction of roads, factories and residential areas.


The government issued a notice last year to raise the threshold of farm land used for urban construction purposes.


The move also banned illegally renting farm land for non-agricultural uses like urban construction.

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