China has implemented preferential policies which are formulated according to the laws and administrative regulations of Chongqing, with the aim of speeding up investment in the Lianglu-Cuntan Bonded Area of Chongqing (hereinafter referred to as the bonded port area) and to attract domestic and foreign enterprises, as well as to facilitate the development of an open economy in Chongqing and western China.
Liangjiang New Area is China's third national-level development area and it boasts incomparable advantages compared to other inland areas in the country, such as convenient transport and logistics.
Foreign investors are permitted to establish sole proprietorship or to cooperate with Chinese counterparts in risk exploration of non-oil/gas mineral resources. Foreign investors are also permitted to purchase prospecting and mining rights of non-oil/gas mineral resources from large and medium-sized state-owned enterprises and can also transfer these rights.
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