土地出让金

土地出讓金

tǔdìchūràngjīn

noun

Meanings

1 land transfer fee
2 payment for grant of land-use rights
3 land premium (paid to the government)

Characters

Examples

开发商一次性缴清了土地出让金。

Kāifāshāng yícìxìng jiǎoqīng le tǔdì chūràngjīn.

The developer paid the land transfer fee in full.

土地出让金是地方政府的重要财政收入。

Tǔdì chūràngjīn shì dìfāng zhèngfǔ de zhòngyào cáizhèng shōurù.

Land transfer fees are an important source of revenue for local governments.

Tips

culture

In China all urban land is state-owned, so developers buy a fixed-term 使用权 (use right, typically 70 years for housing) via auction — the price paid is the 土地出让金. This is the core of 土地财政 ('land finance'): for many local governments, land sales historically generated a huge share of total revenue.

Stroke Order

土 tǔ

地 dì

出 chū

让 ràng

金 jīn