The rural land ownership, contracting right and management right are the main direction of the reform of property rights system for rural land ownership. And this is also the important institutional conditions to promote large-scale agricultural production. Under the background of the three rights division of rural land, circulation of management right will become the basic mode for the circulation of rural land, through which the large-scale management of rural land can be realized. Peasants can gain property income through the retaining of the right to the land contract. According to the legal principle theory of law, the mode of circulation of management right can accommodate scale management pattern for family farms, leading enterprises, agricultural land share cooperative and land trust. And it can also solve the contradiction between circulation of rural land and land lost in the management of large-scale agricultural production.