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<CN Home>Hangzhou to Optimize Land Resource Allocation from Dec, Reducing Corporate Costs and Activating Stock Space
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The Hangzhou Municipal Government's Press Office, in conjunction with the Municipal Planning and Natural Resources Bureau, held a policy briefing to interpret the newly issued implementation opinions on promoting the reform of industrial and commercial land to facilitate precise and effective spatial allocation.

The new policy will be officially implemented in December, focusing on precise allocation of incremental land and effective revitalization of stock land through 16 measures to optimize land resource allocation, reduce corporate costs, and activate stock space.

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The main content of the implementation opinions includes ensuring that new industrial land supply is concentrated in parks each year, prioritizing strategic emerging industries, future industries, and private investment projects that align with Hangzhou's industrial development orientation.

It implements flexible and diverse land supply methods and differentiated land price policies to reduce the cost of land and housing for industrial projects. By optimizing planning, it coordinates industrial land support indicators to create a 15-minute industrial community.
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