and placing them under “peasants’economic cooperatives,” in order to prepare for marketizing those rights. By 2020，those inventorying efforts had been “pushed across the board” and been completed for 81.6 percent of all of the nation’s (“administrative”) villages. But accompanying changes needed, including targeted central-level financial support, formalized legal status, and raising loans and so on still await further clarification through actual practice. What is indubitable, however, is that such reforms afford the hitherto neglected village communities genuine prospects for reinvigoration, possibly of contributing significantly to the already-adopted broader strategy to “invigorate the ruralities” (within the next 30 years). This article aims to sort out the past background and future prospects for their development.

　　 Key words: past and present “collective property rights,”common rules and formalized laws, “societal associations” or “co-operatives” or “collective enterprises,” maintaining-enhancing market value and raising loans，prospective changes