Social Policy Models Based on the Concept of Expanded Assets and Their Experiences from China —A Feasible Policy Plan Design for Building a New Socialist Countryside
The development of rural areas in China has reached a point where it is necessary to comprehensively consider the coordinated development of rural economic growth and social undertakings. The land share cooperative system and land exchange for security implemented in coastal developed areas already possess many institutional characteristics of a developmental social policy model. Based on an in-depth comparison and evaluation of various existing rural social development models, this study proposes a new rural social development policy model based on expanded assets. This model centers on land assets, currency, and social capital, establishing a community of relationships among individuals, families, communities, and the government. It aims to collaboratively construct individual asset development accounts for Chinese farmers to promote the standardized development of rural social welfare and security. This provides a new logical framework and development approach for the ongoing construction of a new socialist countryside.
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