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 articlesLower start-up capital required for commercial residential property projects.
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% |
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