Status and Enlightenment of Social Capitals' Participation in the Comprehensive Land Consolidation and Rehabilitation at The Free Trade Port of Hainan

Implementing pilot projects for comprehensive land consolidation and rehabilitation is a major initiative to follow The Thought on Ecological Civilization and the instructions of General Secretary Xi Jinping on Zhejiang's "Thousands of Village Demonstration and myriad of Villages Remediation" program. It is also a key project to support the construction of Hainan Free Trade Port and facilitate the implementation of the rural revitalization strategy. From the current situation, land consolidation mainly relies on government-allocated special funds and bank loan. Against the backdrop of deepening reforms of investing and financing and land comprehensive consolidation encompassing all regions and factors, the contradiction between insufficient capital from government-allocated funds and increasing tasks of land comprehensive consolidation has become increasingly prominent. Bank credit funding tends to give rise to the hidden debt of government, leading it urgent to expand and improve diversified funding mechanisms to ensure the effectiveness of the effort for land comprehensive consolidation. This article is based on the status of comprehensive land consolidation in Hainan Free Trade Port, combined with the background of rural revitalization and urban-rural integrated development. It summarizes the modes of social capital participation in comprehensive land consolidation, analyzes the existing difficulties, and proposes corresponding countermeasures and suggestions.