Does the state have regulations on how much an acre of land costs?

"Land Management Law of the People's Republic of China" Article 27 Land requisitioned for national construction shall be paid by the land-using unit. The compensation for expropriation of cultivated land is 3 to 6 times of the average annual output value of the cultivated land in the three years before expropriation. The compensation standards for the expropriation of other land shall be stipulated by the provinces, autonomous regions and municipalities directly under the Central Government with reference to the compensation standards for the expropriation of cultivated land.

Article 28 When land is requisitioned for national construction, the land-using unit shall pay resettlement subsidies in addition to compensation fees.

The resettlement subsidy for requisitioned cultivated land shall be calculated according to the number of agricultural population to be resettled. The number of agricultural population to be resettled shall be calculated by dividing the number of cultivated land requisitioned by the average number of cultivated land occupied by each land-expropriated unit before land requisition. The standard of resettlement subsidy for each agricultural population in need of resettlement is the resettlement subsidy for expropriated cultivated land, and the maximum subsidy shall not exceed 10 times of the average annual output value in the three years before expropriation. The standards of resettlement subsidies for the expropriation of other land shall be stipulated by the provinces, autonomous regions and municipalities directly under the Central Government with reference to the standards of resettlement subsidies for the expropriation of cultivated land.

According to the Land Management Law of the People's Republic of China, the Regulations for the Implementation of the Land Management Law of the People's Republic of China and other relevant regulations, except in special circumstances, any construction project must apply for the use of state-owned construction land, and if it needs to occupy rural collective land, it shall go through the formalities of requisition approval according to law, and if it involves the occupation of agricultural land, it shall also go through the formalities of agricultural land conversion according to law. The land unit of the project shall apply to the land department of the people's government of the city or county where the land is used according to law, and the land department shall initially draw up the "Collection Plan" and other necessary materials and submit them to the land acquisition unit. Among them, the expropriation plan includes land compensation multiple, resettlement subsidy multiple and other land acquisition compensation standards. After the requisition plan is approved by the provincial government or the State Council, the local municipal and county people's governments shall issue a land requisition announcement and announce the approved land requisition compensation standards. The land administrative departments of the local municipal and county governments will also draw up the announcement of land requisition compensation and resettlement plan according to the approved requisition plan. Of course, the compensation standards for land acquisition are not consistent everywhere. After the promulgation of "Decision on Deepening Reform and Strict Land Management" in 2004, several provinces subsequently formulated compensation standards for land expropriation or unified annual output value standards, and adjusted them in a timely manner. For example, Hebei Province, Shandong Province and Guangdong Province. A floor price has been set for protecting the land. Therefore, the national compensation standard for land expropriation is not absolutely unified at the local level.