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Jilin rolls out policies to promote growth of foreign trade
2020-03-10
Northeast China’s Jilin province recently launched a raft of policies to promote the steady growth of foreign trade and attract foreign capital during the novel coronavirus epidemic, according to the province’s department of commerce.
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Fiscal Policy
2016-08-10
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.
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Land policy
2016-08-10
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.
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Industry Policy
2016-08-10
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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Preferential Policies
2016-08-10
Relaxing admittance restrictions and requirements Private companies will be encouraged to get involved in basic industries, infrastructure, public utilities, social undertakings, affordable housing, financial, social services. Intellectual property, land tenure, stocks, bonds, and forest rights.
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Financial Policy
2016-08-10
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.
