The government recently issued guidance outlining the desirable characteristics of exchange platforms for rural assets. They advised that exchange platforms should be established by nonprofit institutions (public or otherwise), be internet-based and cover a variety of assets (e.g. operation rights to rural land, rural collective operating assets, agricultural production facilities and use rights for water conservation facilities). Exchanges should also aim to provide various services such as asset valuation, legal advisory and assistance in connecting households with land-backed mortgage financing.