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Lin-gang Special Area sets out ambitious 2021 targets

en.lgxc.gov.cn| Updated: Jan 19, 2021 L M S

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Huge swathes of unbuilt land remain available, while new construction is mushrooming around Dishui Lake, the large artificial body of water located in the Lin-gang Special Area. [Photo/IC]

The total output value of industry in the dynamic and rapidly growing Lin-gang Special Area - located in Shanghai in East China - is projected to expand more than 35 percent in the current year, according to the 2021 working goals recently issued by the China (Shanghai) Pilot Free Trade Zone Lin-gang Special Area Administration.

Total investment in fixed assets is predicted to increase by more than 50 percent there and total annual tax revenue is seen rising 20 percent, while the target growth for GDP is set at around 30 percent.

In addition, the Lin-gang Special Area will also aim to strengthen local legislation and research looking into the management of special economic zones.

Phase two of the Yangshan Special Comprehensive Bonded Zone is also scheduled to complete construction and start handover inspections in 2021, as well as the second phase of the establishment of an integrated information management services platform.

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