The Policies and
Regulations Extracts
of Attracting Businessmen and
Introducing Foreign
Investment.
The Administrative Office of Kashgar Prefecture
Of Xinjiang Autonomous Region
May 10, 2005To
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.
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