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Tianjin optimized the supply of Industrial Land Use Rights

January 14 2019

Recently, Tianjin optimized the supply of Industrial Land Use Rights and post-supply supervision, promoted the adjustment and upgrading of industrial structure from the land supply, and solidly promoted the high-quality development of the economy.

Before the innovation and optimization, the supply of industrial land in Tianjin can only be transferred in the form of bidding, auction and listing according to the legal maximum 50-year transfer period. After innovation and optimization, on the basis of continuing to implement the 50-year supply method of bidding, auction, listing and transfer, the enterprise may choose to obtain the right to use industrial land by means of long-term lease, and flexible period. The period of transfer is shortened to generally no more than 20 years, and the option of land use for enterprises is fully expanded to reduce the cost of land use in the initial stage of the real economy. At the same time, improve and improve the system of renewal of industrial land use, and renew the use of the contractually agreed terms of use after comprehensive evaluation.

Tianjin will also guarantee the development of strategic emerging industry projects, give priority to the strategic development of strategic emerging industrial projects, and implement a transitional policy that continues to use land according to the original use and land rights types to support the integration of physical industries and research and innovation industries, and support the construction of innovative entrepreneurial space.