Legal basis: Provisional Regulations on Assignment and Transfer of Urban State-owned Land Use Rights in People's Republic of China (PRC).
Eleventh land use right transfer contract shall be signed by the land administration department of the people's government of the city or county (hereinafter referred to as the transferor) and the land user in accordance with the principles of equality, voluntariness and compensation.
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.