Regulations For Transfer/Grant of Land Use Rights
    CND shall be responsible for the matters relating to transfer and grant of the use rights of the State-owned land for valuable consideration and both domestic and overseas investors are welcomed to invest in land development and construction in CND .
    Under “Provisional Regulations for the Transfer/Grant of the State-owned Land Use Rights of Changzhou Municipality”, both domestic and overseas investors can use the land in CND .The maximum period of the grant can amount to 70 years ; no more than 50 years for the projects of industry , culture , education , or hospital , 40 years for the projects of commerce , entertainment , and tourism , 70 years for the project of real estates development .
    Chinese partner can transfer the land use right to a joint ventures as part of its investment or cooperation term for undertaking development and construction with overseas investor .
    Grantee/transferee may assign , present, let , pledge or inherit land use rights .
The granted land must be used in compliance with the overall plan and subject to the overall industrial layout of CND with the aim of environment protection .