THE Ministry of Land and Resources will stop the direct management of land valuers soon, said Wu Haiyang, director of the ministry’s Land Valuation and Land Value Management Division, Wednesday.

　China’s most radical reform on land value will force the country’s 16,000 land valuers to the market, pushing a “painful” rebirth of the once highly protected trade, China Daily reported.

　Land valuers decide the value of a specific piece of land and play essential roles in such economic activities as land transactions involved in construction projects and the public listing of companies.

　Specifically, the ministry will no longer organize the national qualification examinations for land valuers, nor will it approve the establishment of new land valuation organizations. (SD-Agencies)