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China’s Communists Approve Key Land Reforms

AFP reports on proposed economic reforms that would allow farmers to trade and mortgage the rights to their land:

The package was approved at an annual meeting here chaired by President Hu Jintao of up to 500 members of the party’s central and disciplinary committees and other key officials, according to a statement carried by Xinhua news agency.

The communique did not give specific details about the reforms. [...]

But in the final statement, meeting participants called for an end to rural poverty, improved food security, and the doubling of China’s per capita rural income of 4,140 yuan (591 dollars) by 2020.

“The issues facing agriculture, rural areas and farmers are linked to the overall task of development facing our party and state,” the communique said.

Read also CPC closes major meeting with decision on rural reform, development from Xinhua.

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