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Investment Policy

The Policies and Regulations Extracts of Attracting Businessmen and Introducing Foreign Investment.

The Administrative Office of Kashgar Prefecture Of Xinjiang Autonomous Region
May 10, 2005

To further extend the opening outwards of Kashgar and make every effort to forge the barycenter position in south and central Asian economic circle. Regulations and policies concerning attracting businessmen and introducing foreign investment in documents of economic development policy of Kashgar prefecture are offered now to investors. The investors all over the world are welcomed to be gathered in Kashgar, make their grand prospect come true and restore the economic brilliance of the Silk Road.
The extract is explained by the Attracting Business and Investment Bureau of Kashgar Prefecture of Xinjiang Uyghur Autonomous Region.
The Policies and Regulations Extracts of Attracting Businessmen and Introducing Foreign Investment.
Investors from all the places including the native and overseas, the local and outside Xinjiang, investment companies of domestic or foreign capital, scientific research institutions, men of insight and technological talents who are interested in development of Kashgar from all circles can invest in Kashgar and explore in encouraged industrial projects according to the industrial polices of XinJiang Uyghur Autonomous Region and the PRC. Investors can adopt any ways being useful to their development and enjoy preferential policies as follows:
I. Land Using
1. All the foreign and native investors, who make use of the state - owned land except for the
urban programmed area, getting usufruct by lease can be free of rent charging in the first 5 years and charged with half of the rent in the second 5 years. The land rent is free within 10 years if you invest in key counties and villages confirmed by XinJiang and central government in poverty-relief program. If you invest in integrative agricultural development on state - owned Gobi, desert and abandoned field, the land using charge is free within 5 years from beneficial time. If you investing ecological environment construction, the land transfer rent is free. 20 %to 30 % of the whole land can be used for business, tourism and entertainment and furthermore, the transfer rent of the area is free, if the local government allows: The land usufruct for 50 years can be given to investors according to above qualifications.                                                                 Next>>

 


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