ABSTRACT
China has been witnessing tremendous changes in all spheres of society, politics and economics since it started opening up to the world in the late 1970s. According to the land regulations promulgated by the provincial government of Guangdong in 1989 in the ‘Regulations of Guangdong Province on Administration of Planning and Construction of Townships and Villages’, the utilization of rural land can be decided upon collectively by the rural population. Location factors always play a crucial role when it comes to urban village redevelopment. The lands of the urban villages in the city core, such as Liede, Shipai, Linhe, Xian and Yangji villages lying in and directly around the heart of the newly erected central business district of Zhujiang New Town, are of an extremely high value. The government emphasizes the openness of processes and its willingness to compromise.
