Tax official： You mean that your company transfer the right to use land in exchange for the ownership of the housing .

税务局：这意味着你们是以转让无形资产换取房屋所有权。

youdao

Where factories and other buildings of township (town) or village enterprises are mortgaged, the land-use right to the land occupied by such buildings shall be mortgaged at the same time.

以乡(镇)、村企业的厂房等建筑物抵押的，其占用范围内的土地使用权同时抵押。

youdao

The quasi-governmental Rural Development Center suggests extending land-use contracts for 100 years and allowing people to pass the right to farm the land on to their children.

CNN: UP AND DOWN ON THE FARM

The good news is that the latest draft, unlike the 2005 version, gives farmers the right to renew their land-use leases after they expire.

ECONOMIST: Governing China