Since modern times, the proposition of the era that created Chinese economics has emerged. In the field of land economics, the Land Economics School, founded in the 1930s, is an important academic school integrating the functions of land research groups and national economic construction think tanks. With the purpose of “studying land issues and promoting land reform”, this School embraces, criticizes and absorbs ancient and modern land thoughts at home and abroad, and makes innovations on this basis. Therefore, it has established a complete set of research paradigms, theories and policies on China’s land issues, which has had a profound impact on the development of land economics and the formulation of land policies in modern China. However, there are few research results about the Land Economics School, which does not fully reflect the academic status and social influence of the School, nor fully reveal the exploration and practice of the School in the construction of Chinese land economics.

Based on the in-depth excavation of the first-hand literature on the Land Economics School, this paper makes a systematic investigation on the exploration and practice of the School in constructing Chinese land economics. It is found that: On the basis of inheriting and innovating traditional Chinese land thoughts, selecting and adapting Western land theories, and expounding and implementing Sun Yat-sen’s land program, this School formed a set of academic system; this School defined the subject of Chinese land economics, constructed the basic framework of the research content of land economics on this basis, covering the theoretical exploration of average land right theory, land finance theory, and land modern governance theory, and put forward the corresponding policy design scheme of land reform; in the process of inheritance, reference and construction of land economics, this School formed the ideological characteristics of “interaction between ancient and modern culture” “integration of Chinese and Western culture” and “unity of knowledge and practice”.

The academic value of this paper mainly includes that: On the one hand, it takes the Land Economics School as the research carrier to investigate the modern transformation of Chinese land thoughts for the first time, and closely follows the theoretical category of Chinese land economics to comb out a series of original documents, which provides a new research perspective and solid literature foundation for the construction of modern Chinese land economics; on the other hand, by comprehensively displaying the achievements and progress made by the Land Economics School in the construction of Chinese land economics, it enriches the research content of modern Chinese economics in the branch field of land economics, extracts the common characteristics of modern scholars in the construction of Chinese economics, and provides reference for the construction of Chinese economics and the development of land economics in the new period.