State Council, Circular on Revising the Capital Ratio of Fixed Asset Investment Projects

国务院关于调整固定资产投资项目资本金比例的通知

July 29, 2009 | BY

clpstaff &clp articles &

Lower start-up capital required for commercial residential property projects.

Clp Reference: 2100/09.05.25 Promulgated: 2009-05-25 Effective: 2009-05-25

Main contents: The minimum capital ratios of fixed asset investment projects of various industries shall be adjusted as follows:

Project item

Ratio of minimum capital

Steel and electrolytic aluminium

40%

Cement

35%

Coal, calcium carbide, iron alloy, caustic soda, coke, yellow phosphorus, further processing of corn, airports, ports, and coastal and inland water transportation

30%

Railways, highways, urban rail transport, and chemical fertilisers (except potassium fertilisers)

25%

Welfare residential premises and ordinary commodity residential premises

20%

Property development projects (other than welfare residential premises and ordinary commodity residential premises)

30%

Other projects

20%

clp reference:2100/09.05.25promulgated:2009-05-25effective:2009-05-25

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