Land sale revenue rise 'unsustainable'

Author: 

China Daily

Publication date: 

Saturday, 19 April 2014

Type: 

  • Article

Producer: 

External to ACUI

Project theme: 

Document: 

Compared with the first-quarter growth rate of the nation's fiscal revenue, local governments' land sale revenue growth was nothing short of spectacular. But that critical source of funds is threatened by weakening property sales.