Study on the Perfection of Compensation System for Rural Land Expropriation in China

Abstract

with the rapid development of China's current economic level and urbanization process, the contradiction of land is becoming more and more prominent. We should establish a fair and reasonable compensation system for land expropriation, improve the compensation mechanism for rural land expropriation in line with China's national conditions, and effectively balance the interests of various parties. From the perspective of finance, this paper studies the defects and reasons in the process of land expropriation compensation, and constructs a perfect path for the compensation system of land expropriation from the aspects of relevant laws, regulations and finance, so as to improve the legitimate rights and interests of farmers and safeguard the policy. Keyword—Finance; Land acquisition; Compensation system