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(单词翻译:双击或拖选)
The auction1 began at 10 am on March 29th on Taobao.com, a Chinese website for online shopping operated by the Alibaba Group. The online auction lasted for a period of 24 hours, ending at 10 am the next day.
The auction items include a 117,000-square-meter plot, a 62,000-square-meter plant building and the attached facilities of a bankrupt state-owned enterprise in the city of Haining in east China's Zhejiang Province.
Liu Chengxiong, a Certified2 Public Accountant says the land auctioned3 belonged to a leather enterprise based in Haining, Zhejiang province.
"The land auctioned belonged to a leather enterprise, which was forced to apply for bankruptcy4 on May 22, 2012 due to unpaid5 debts. The auction subjects include a plant building and attached facilities. The plot is very large, more than 170 mu, equivalent to about 110,000 square meters."
The land's appraisal6 price stands at 158.7 million yuan, and the starting price of the auction was 155 million yuan.
After four rounds of bidding between two buyers, the land was sold at 4 million yuan higher than the starting price.
According to the auction rules, any enterprise planning to be involved in the bidding needs to register on the Taobao website first and put down a bidding deposit of 8 million yuan. And the bid price should be raised by at least one million yuan each time.
The online auction for land use rights has triggered controversy7 over whether land can be purchased online.
Yan Jinming, deputy head of the academic council of the China Land Institute gives his opinion.
"This auction falls within the category of the tier-2 or tier-3 land market, where land transfers can take place in diverse ways."
Other industry insiders, however, have raised doubts over the legality of such auctions8. Ou Shuying, deputy secretary-general of the China Association of Auctioneers, supports the move online but says the way it is being done in Zhejiang is questionable9, because courts can only supervise. They are not allowed to deal with sales directly.
Mao Yidong, leader of the discipline inspection10 group of the Haining People's Court, says the law entitles the people's court the right of asset disposal and judicial11 auction, and Taobao.com just provides a platform for the auction.
"According to clause 244 in the Civil Procedure Law, if the party subjected to execution can't fulfill12 its obligations, which are outlined in legal documents, the People's Court is entitled to seize, detain, freeze, auction or sell off its part of relevant properties. The law entitles the people's court the right of asset disposal and judicial auction, and Taobao.com just provides a platform for the auction."
In China, land use rights are the rights of what are referred to in law as natural persons, legal persons or other organizations which will use the land for a fixed13 period of time. More specifically, the term of rights to use state land include: 70 years for residential14 use, 50 years for industrial use, 50 years for educational, scientific and technological15, health, and athletic16 use, 40 years for business, tourist, and recreational use, and 50 years for multiple purpose use or other uses.
点击收听单词发音
1 auction | |
n.拍卖;拍卖会;vt.拍卖 | |
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2 certified | |
a.经证明合格的;具有证明文件的 | |
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3 auctioned | |
v.拍卖( auction的过去式和过去分词 ) | |
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4 bankruptcy | |
n.破产;无偿付能力 | |
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5 unpaid | |
adj.未付款的,无报酬的 | |
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6 appraisal | |
n.对…作出的评价;评价,鉴定,评估 | |
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7 controversy | |
n.争论,辩论,争吵 | |
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8 auctions | |
n.拍卖,拍卖方式( auction的名词复数 ) | |
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9 questionable | |
adj.可疑的,有问题的 | |
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10 inspection | |
n.检查,审查,检阅 | |
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11 judicial | |
adj.司法的,法庭的,审判的,明断的,公正的 | |
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12 fulfill | |
vt.履行,实现,完成;满足,使满意 | |
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13 fixed | |
adj.固定的,不变的,准备好的;(计算机)固定的 | |
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14 residential | |
adj.提供住宿的;居住的;住宅的 | |
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15 technological | |
adj.技术的;工艺的 | |
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16 athletic | |
adj.擅长运动的,强健的;活跃的,体格健壮的 | |
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17 wan | |
(wide area network)广域网 | |
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