Land Ministry is expected to introduce rules to store land or to make the housing enterprise capital Broken chain

Source: Internet
Author: User
Keywords said that the land
Tags broken daily economic news development economic enterprise enterprises finance financing
In September last year, the Ministry of Land, the SFC, the CBRC jointly to the housing Enterprise land Finance clearance work, this year will have greater action.  "Daily economic news" reporter recently learned from the authoritative sources, the Ministry of Land this year may introduce relevant rules, the real estate enterprises illegally obtained land, hoarding, not on time to develop and other types of land violations to identify, thus as the "two sessions" Audit the housing enterprise Land Mortgage loans, land assets financing important basis. The lack of rules on land illegality "three ministries linkage" work began last September, by the CSRC invited, the Ministry of Land to the listed housing enterprises, land use and development of the situation to comb and analysis, as the SFC on land finance audit checks the basis.  Most of this information comes from announcements from listed housing companies.  At the same time, the Ministry of Land is cooperating with the SFC some 25 suspected illegal land use projects in the IPO and refinancing real estate enterprises were checked, including agricultural core use and expropriation, land use rights acquisition, land transfer contract fulfillment, state-owned land use certificate acquisition, construction and development, and transfer.  According to media reports, 25 of the items were distributed in Beijing, Tianjin, Shanghai, Shanxi, Liaoning, Jilin and other 15 provinces and cities, according to the requirements of the verification results should be formed before December 31, 2009 written report. "According to these works, last year did ' card ' some land financing enterprises, but because the system has not yet formed, the determination of illegal land standards is relatively simple."  "A person close to the Ministry of Homeland said to the daily economic news reporter.  He also said that this year the Ministry of Land will introduce specific standards for real estate enterprises illegally acquire land, land hoarding, not on time to develop and other illegal lands to identify. At the beginning of 2008, the State Council circular on promoting the conservation of intensive land provided that the "real estate project over the lease contract for the development date of one year, completed the Land development area of less than 1/3 or less than 1/4 enterprises", should be prudent loans and approved financing,  No loans and listing financing shall be provided for illegal land use projects. These people said that, compared with the pattern of illegal land violations, these provisions appear to be too simple, enterprises are easy to circumvent various means.  Therefore, the need for more detailed identification standards, as the housing enterprises to carry out land credit audit is an important basis.  Standardize enterprise financing channels from the recent position of the Ministry of Land, "three ministries linkage" will be the focus of this year's work. On January 28 this year, "National Land and Resources Conference", Ministry of Land and resources Minister Shaoshi said, "We help the CBRC Audit Land mortgage access, to help the SFC audit land assets financing access, which is involved in macro-control is a big thing."  He also said that this year will continue to strengthen with the CBRC, the SFC information sharing and coordination, to prevent systemic risk. A Ministry of Homeland authority told reporters that many companies have land as their important assets, especially for companies listed in the Hong Kong market, the role of land as a financing channel moreObvious。  He also said that in the context of widespread local financial constraints in the past year, land as collateral power is very strong, land loans are growing in size, which hides great financial risks. Shaoyun, Deputy chief engineer of China Land Survey and Planning Institute, told the Daily economic news reporter that the current real estate enterprise financing channels are not standardized, system loopholes are more, the need for joint supervision of several departments.  He also said that if the above standards are introduced, the financing threshold for enterprises will increase. The ministry also said that, in addition to clear land finance and land Mortgage loan audit standards, the Ministry of Land this year will continue to increase the law and punishment of land violations.
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