The Provisional Regulations of the People's Republic of China on the Assignment and Transfer of the Right to Use Urban State-owned Land has corresponding provisions:
Article 4? Land users who have obtained the right to use the land in accordance with the provisions of these regulations may transfer, lease, mortgage or use it for other economic activities within the service life. The legitimate rights and interests are protected by national laws.
The activities of land users in developing, utilizing and managing land shall comply with the provisions of national laws and regulations, and the land administration department of the people's government at or above the county level shall supervise and inspect the assignment, lease, mortgage and termination of the land use right according to law.
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Relevant laws and regulations of the Provisional Regulations of the People's Republic of China on Assignment and Transfer of Urban State-owned Land Use Rights:
Article 19 The transfer of land use right refers to the act of land users transferring land use right again, including sale, exchange and gift. If the land is not invested, developed or utilized according to the time limit and conditions stipulated in the land use right transfer contract, the land use right shall not be transferred.
A transfer contract shall be signed for the transfer of land use rights. When the land use right is transferred, the rights and obligations stipulated in the land use right transfer contract and registration documents will be transferred accordingly.
Article 22 Where a land user obtains the land use right through transfer, its service life shall be the service life stipulated in the contract for transferring the land use right minus the remaining service life of the original land user.
Baidu Encyclopedia-Interim Regulations on Assignment and Transfer of the Right to Use State-owned Land in People's Republic of China (PRC) City