On October 23, the Ministry of Natural Resources released a notice aimed at boosting the high-quality development of modern logistics through enhanced resource allocation. The notice emphasizes the importance of increasing the supply of mixed-use land and encourages the integration of logistics functions.
The announcement outlines a dual approach to expanding the space available for logistics development. It calls for a coordinated construction of various logistics facilities while implementing a strategic layout for these spaces. Additionally, it aims to enhance the convenience of living within urban environments by developing a comprehensive logistics distribution system connecting urban and rural areas. A key initiative is the promotion of a “15-minute living circle,” which stipulates that newly developed community commercial spaces and emergency storage areas should constitute at least 10% of the total building area in new communities.
Furthermore, the notice highlights a significant commitment to securing natural resource allocations for major logistics infrastructure projects. It supports flexible land supply methods, including long-term leasing, renting before purchasing, and flexible-term land grants. This includes encouraging the utilization of existing railway land and collective construction land for establishing logistics facilities.
In addition, efforts are being made to enhance the quality and efficiency of logistics land use. The notice supports revitalizing existing space resources for logistics development and permits the use of existing properties and land for logistics-related facilities. A transitional policy will be in place for up to five years, allowing continued use of land for its original purposes without changing land ownership or rights.
Moreover, the notice advocates for increasing the supply of mixed-use land and promotes the compatible use of logistics functions within industrial zones. It permits reasonable conversions between logistics warehouse land and industrial land, thus minimizing the idle resources in the logistics sector.
To lower the costs associated with upgrading and renovating logistics facilities, the notice encourages the conversion of allocated land to be compensated and aims to reduce costs for enhancing the utilization rates of owned industrial and warehouse properties. If improvements maintain the original use and comply with existing plans, no additional land costs will be charged.
Finally, the notice emphasizes the need to adapt land use conditions to the logistics sector’s evolving requirements. It calls for effective management throughout the lifecycle of logistics land to promote high-quality industry development.
