Benchmark land price refers to the government's evaluation and pricing of land as the lowest value standard for land transfer. Different regions and types of land have their own unique benchmark land price. This value standard is announced to the public for the open and standardized management and transfer of land. It is not only the main basis for land operators and investors to plan investment decisions and land management-related work, but also the government's consideration index for land supply capacity and economic development.

The determination of benchmark land price is determined by the government in the process of land management, town planning, economic development and public facilities investment, according to the actual changes in market supply and demand. In specific operations, the government usually determines the local benchmark land price according to the surrounding public facilities such as transportation, education and medical care, as well as the rising trend of land transfer price and land price. In the process of urbanization, land is increasingly scarce, and the corresponding benchmark land price will also rise, which directly affects the interests of land users and market investors.

The benchmark land price affects the direction and speed of urban land management and market investment decision. It can effectively curb the fierce competition in the industry, reduce the inflated price, and prevent the land from being maliciously speculated and excessively squeezed by the market. At the same time, it can also guide the government to manage and supervise the land, better promote the scientific development and utilization of the land, and lay a good foundation for the sustainable development of the city. Therefore, the determination and implementation of benchmark land price is one of the core contents of urban management and rational utilization of land resources, and it is also an important content of participating in market economy and maintaining fair competition.