Beijing to pave way for land reform 

1.  Over the next four days the plenary session of the Communist party’s central committee will meet behind closed doors and is expected to take a step that many analysts and policymakers say will lead to the eventual privatisation of rural land.

2.  All land in China has been, in effect, owned by the state since the 1949 communist victory.

3.  “The current land contractual relations will be kept stable and unchanged for a long time, and we will allow farmers to transfer the right of land contract and management by various means, in accordance with their will,” Hu Jintao, China’s president, said in a statement last week.

http://www.ft.com/cms/s/0/5f396358-9550-11dd-aedd-000077b07658.html