CITIC Trust has signed an agreement with the Huanggang city government in Hubei province to jointly develop a pilot area for farmland reform, the Economic Information Daily reported Tuesday. The two parties will set up a new vehicle that will be involved in the management of the Longgan Lake Farm after reforms, it said. CITIC Trust has been actively participating in land rights transfer reform. It has projects in Anhui, Shandong, Guizhou and Henan provinces, the report noted.
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