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Investment Standards

According to the spirit of Opinions on Promoting Investment and Advancing Land Saving and Intensive Management by Xiaogan Municipal People’s Government (XGZF 2013 No.7), all the investment proposals in all the development zones of the city shall comply with the following six requirements. 

1.Economical and intensive degree of land use

Investment intensity: Investment in hi-tech zones shall be no less than 3 million Yuan per mu; warehousing projects in Linkong Economic Zone shall be no less than 2 million Yuan per mu; other projects shall be no less than 3 million Yuan per mu. For economic zones in Xiaonan, Hanchuan, Yingcheng, Yunmeng and Anlu, the investment shall be no less than 1.5 million Yuan per mu, while for Dawu and Xiaochang Economic zones shall be no less than 1.2 million Yuan per mu.

Total investment: in the high-tech zone and Linkong Economic Zone, industrial zone with total investment less than 100 million will not be provided with separate land; for county (municipal) development zones and industrial parks, projects with total investment less than 50 million Yuan will not be provided with separate land. Industrial projects using large amount of land will have one-off planning, which per annual investment amount be provided with land and be constructed stage by stage.

Floor area ratio and building coefficient: Building floor area ratio of industrial warehousing projects in municipal development zones is generally no less than 1.2, the coefficient no less than 40%, while the greening rate no higher than 20%. Specific industrial projects such as heavy machinery and equipment processing projects shall be implemented according to the “Industrial Project Construction Land Use Control Rations”.

Accelerate land development process: Projects shall realize shortest development and construction time. Light industrial project shall have completion time no less than 2 years while heavy industrial project no less than 3 years.

2.Taxation contribution

The tax contribution of municipal high-tech zone and Linkong Economic Zone must contribute taxation of 300 thousand Yuan per mu annually (including charitable donation and other social public affairs expenditure). Xiaonan, Hanchuan, Yingcheng, Yunmeng and Anlu economic development zone shall be no less than 200 thousand Yuan per mu, while Dawu, Xiaochang Economic Development Zone shall be no less than 150 thousand Yuan per mu.

3.Technological height

The municipal hi-tech zone introduces energy saving and environmental protection, information technology, biotechnology, high-end equipment manufacturing, new energy, new materials, new energy vehicles and other leading industries. The introduction of enterprises must be engaged in the New and High Technology Areas with the Government's Primary Support and the Chinese High-tech Catalog (2006). Other development zones should focus on the introduction of enterprise with better growth, and strong R&D capability. The introduced companies shall have independent intellectual property rights, and mature scientific and technological achievements of domestic advanced level, have sustainable innovation capability, with a strong competitive advantage both at home and abroad. They should also have innovative technology, innovation talents and teams, excellent corporate culture, brand influence and innovation strategy oriented core competitiveness and high R & D input. High-tech, innovative companies or innovative pilot enterprises shall be given priority to.

4.Chain length

Projects should be highly correlated to the industries of development zones, comply with local industrial layout, which will be beneficial to extend industry chain, promote long-term development of upstream and downstream enterprises and realize dynamic integration of the projects with local enterprises.

5.Degree of environmental protection

Projects should comply with the requirements of national industry policies, environmental function layout and planning, and environmental impact assessment, as well as the requirement of total amount control of pollutant, i.e. ensure up-to-standard release. Construction project environmental impact evaluation system shall be strictly implemented and land shall not be provided to projects that fail the environmental assessment; projects with high pollution and high emission that cannot realize pollutant release control standard and have no environmental capacity shall not be provided with land.

6.Energy consumption limit

The unit energy consumption of product shall comply with national standards, while the total amount of energy consumption shall be strictly controlled within specified scope.