China’s draft State-owned Assets Law was submitted to the 14th NPC Standing
Committee’s 25th meeting for a second review on Nov. 2. The second-review draft
adds “overall coordination of development and security” as a guiding principle
and, citing the constitution, inserts language to “safeguard consolidation and
development of the state economy.” It also mandates a paid-use regime for state
land, mineral and marine resources, stipulates that related usage rights should
in principle be granted via competitive processes, and requires resource
allocation to prioritize protection and comply with land‑use planning, spatial
controls and environmental protection requirements.
