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Laowai Log

Home> Policies

NEWS

  • Financial Policy

    The finance is meant to do the following: encourage all types of financial institutes to set up branches in the new district and support private banks, rural banks, industrial investment banks, and venture capital funds.

  • Fiscal Policy

    Jilin province is to get funds from the national and provincial level to support its new district construction on a priority basis. It can distribute revenues from construction land use and leasing as its wishes and support new land reclamation projects.

  • Land policy

    Jilin province will guarantee the land needed for the new district in Changchun on a priority basis and will manage all arable land and encourage overall land development and innovative usage in the new district.

  • Industry Policy

    To encourage innovation-oriented industrial development and preferential policies for cross-border transportation and customs clearance, Jilin has key projects for the new district, which is itself significant for the Belt and Road Initiative.

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