The commercial house of Dalong City Plaza in Guiping City is located at the intersection of Zhongshan South Road and Yujiang East Road in Guiping City. It is a commercial house developed on state-owned land with a land use right of 70 years.
Provisional Regulations of the People's Republic of China on Assignment and Transfer of the Right to Use Urban State-owned Land
Twelfth land use rights transfer the maximum number of years according to the following purposes:
(a) residential land for seventy years;
(two) fifty years of industrial land;
(three) fifty years of land for education, science and technology, culture, health and sports;
(four) forty years of commercial, tourism and entertainment land;
(five) comprehensive or other land for fifty years.
land management law
Article 8 Urban land belongs to the state.