TITLE:
The Mode Research of China’s Urban Land Assets Securitization
AUTHORS:
Lulu Chen, Danyu Chen
KEYWORDS:
Purchase and Reserve, Urban Land, Securitization, Modes
JOURNAL NAME:
Open Journal of Social Sciences,
Vol.4 No.5,
May
16,
2016
ABSTRACT: Urban land
purchasing and reserving system is an innovation in urban land usage in china,
despite several financial problems with it. Land securitization is the best
choice for carrying out the urban land reserve system. In the framework of
urban land purchasing and reserving system, the urban land securitization was
divided into two subunits, land real assets securitization and land credit
assets securitization, according to whether the assets are entity or not.
According to the types of securities, the former includes land bonds,
investment funds and land trust plan three modes, while the latter includes
balance-in mode, balance-out mode, quasi-off-balance-sheet mode and off-shore
four modes. Discussion the aforementioned operation modes lead to suggestions
for improving urban land securitization.