Recognition and Causes of Risks of Urban Stock Land Use Alteration

In China,a more strict approval system has been introduced against urban stock land use alteration,but the uncertainty of this system,due to its unclear statement on disposition,restraints and profit sharing,makes landuse alteration come along with risks of return loss of state-owned real property,recycling of stock land,imbalance of interest sharing,embezzlement of public land and pollution of industrial land. Causes of risks are directly linked to behaviors and decisions of major interest holders. In this paper,those causes are studied through the analysis of interest game between local governments,original land users,and property developers. The prevention and control of those risks requires balance of interest between interest holders to make possible multiple parties' engagement and interest sharing.

In China, a more strict approval system has been introduced against urban stock land use alteration , but the uncertainW of this system, due to its unclear statement on disposition, restraints and profit sharing, makes landuse alteration come along with risks of return loss of state -owned real property, recycling of stock land, imbalance of interest sharing, embezzlement of public land and pollution of industrial land. Causes of＇risks are directly linked to behaviors and decisions of major interest holders. In this paper, those causes are studied through the analysis of interest game between local governments, original land lasers, and property developers. The prevention and control of those risks requires balance of interest between interest holders to make possible multiple parties＇ engagement and interest sharing.