Guangdong: collective land ownership and the making of a new middle class - 0 views
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Monique Abud on 12 Jul 12May 18th, 2012 Authors: Jonathan Unger, ANU, and Him Chung, HKBU Across China, ongoing industrialisation and urbanisation has led to many local villagers being pushed off their land, sometimes with inadequate compensation. But in some parts of the country - and especially in the southern province of Guangdong - rural communities retain collective ownership of much of their land when it is converted into urban neighbourhoods or industrial zones. In these areas, Mao-era rural collectives have not disappeared. Instead, they have been able to convert themselves into property companies that sometimes generate very sizeable incomes from industrial zones and urban property. Every native villager owns a share in the property company, which is really the old rural collective with a new title [...]