DOI link for Land trust
Land trust book
A trust is an effective form of practicing common ownership as it conforms to the rules of a socialist market economy. It achieves a socialization of personal property and diversification of property rights, while ensuring clear rights among the unity of free individuals and shared interests. A trust has been given a new mode of life with socio-economic development. Its innovation has penetrated through all fields, and it is an important institution in the economic society. While financial development becomes a fundamental element of China's economy, trusts will play an important role in the country's financial development. Small and medium-sized enterprises play an irreplaceable role in China's economic development; however, financing has long been a headache for them due to narrow financing channels. Changing the country's economic development model and promoting a strategic adjustment of its economic structure is inevitable to turn China's large economy into a strong one.