January 16, jxcn.cn ¨C In order to use land intensively, Jiangxi Provincial Government made a decision recently that investment in industrial estates must be at least 500,000 yuan per mu (666 m2) in the province since this year, according to jx.xinhuanet January 11, 2007.
Investment introduction in Jiangxi has had marked success recent years. Industrial estats are forging in good momentum. The utilization of foreign investment reached US$ 2.807 billion in 2006, up 15.85% from previous year.
Compared with developed provinces and cities, there are considerable disparities in investment intensity and results in JiangxiĄŻs some industrial estates. The government requires that 94 industrial estates in the province have to be strict with market access, use land for the sake of economy. Investment in new industrial projects should be more than 50,000 yuan per mu. Plot ratio must be more than 0.5, construction density not less than 30%, and land utilization of administration and life services not more than 7% of a projet land.
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