1. 15% discount shall be given as preferential treatment for items that pay
fully for the price of the transacted land one time.
2. For items over 0.1 billion RMB Yuan and of credit no less than AA degree,
the required full payment for the transacted land can be paid off for 30% before
due item starting, 30% under construction and 40% when the item is completed
before using. The land use certificate shall be granted after the price of the
transacted land being put up. Generally, the maximum term of instalment of the
price of the transacted land shall be 3 years, and no more than 5 years.
3. After being approved by the Municipal Land-using Competent Subgroup, the
following items serve the turn ¡°One Affair, One View¡±:
(1) The items of both the World Top 500 Corporations and the transnational
corporations that are to establish regional headquarters or branches or items of
research development, purchase and distribution in the New District etc.;
(2) The items of lump-sum investment over 30 million USD or 0.3 billion
(3) The items of symbolic construction and large size public services
4. The land use of items of chain business, IT industries, logistic
industries, fairs & exhibitions, large scale entertainments, tourism
services being invested by famous international credited corporations with
creative management ideas and advanced management means can be ¡°zero cost¡± after
being approved by the Municipal Land-using Competent Subgroup and paying some
deposits in advance.
5. All real estate enterprises being qualified over 2 Degree can operate in
the new district. Their qualifications only need to be registered with the
competent organs and no extra-approval or examination is required.
6. For construction items having paid 30% of total price of the transacted
land and corresponding main construction works have been over the ground and the
total completed investment has been no less than 25% after being checked and
approved by the municipal competent organs, the Presale Permits Certificate can
be granted and the total sum of presale shall be no more than the real completed
The new district shall implement ¡°Integrated Service, One-Time Check and
Approval, One Window Service¡± to simplify the procedure and improve the
efficiency. Competent organs of all levels shall not enter the new district to
conduct any inspection or check without permission of the Administrative
Committee of Zhengdong New District.
Employees of over sea-investment enterprise and foreign nationality enjoy the
National Treatment and are equal as the employees of domestic business and
domestic residents in consumption of water, gasses and heat, house-purchasing,
hospitalisation, schooling for children and tourist service so on.
The immigration (including foreign personnel) that achieves prominent
contributions to new district development and construction shall be awarded with
¡°Honourable Citizen¡± title.
(For more biz stories, please visit Industry Updates)