Wenzhou had 20-year land leases and originally planned to charge a third of the value as a renewal fee when the first ones began expiring in 2016, but ended up

Wenzhou had 20-year land leases and originally planned to charge a third of the value as a renewal fee when the first ones began expiring in 2016, but ended up waiving the fee after protests. https://www.mingtiandi.com/real-estate/research-policy/china-sets-key-precedent-in-rolling-over-wenzhou-property-rights/ https://www.mingtiandi.com/real-estate/research-policy/china...