Hangzhou plans to offer 45 square kilometers of land for industrial use within the next six years to attract global investment, according to an announcement made at a meeting on the prevention and control of the coronavirus and economic development on March 2.

According to the announcement, the land will be sold to investors at a price of no more than the average land price throughout cities similar to Hangzhou in the Yangtze River Delta region.

Land with potential for industrial use spans across Hangzhou, with the central downtown area having 3.03 square kilometers of industrial land, Xiaoshan district having 13.12 square kilometers, Qiantang New Area having 9.85 square kilometers, Yuhang district having 6.15 square kilometers, Fuyang district having 5.89 square kilometers, Jiande city having 3.64 square kilometers, Tonglu county having 1.83 square kilometers, and Lin’an district having 1.37 square kilometers.

In order to help global investors choose what land to invest in, Hangzhou has launched a digital map of its industrial land, through which investors can select land, trade, and even sign contracts.

At the meeting, Hangzhou officials promised that any high-quality projects that help facilitate Hangzhou’s high-quality growth will be approved for land use.

Hangzhou [Photo/zj.zjol.com.cn]