Urban Renewal of "Shaoxin Valley", Shaoxing
绍兴市“绍芯谷”城市更新
Shaoxing relocated dozens of dyeing and chemical plants across county boundaries to dedicated industrial zones, then redeveloped the vacated 6,988-mu Mahai area as "Shaoxin Valley" for semiconductor-related industries. A menu of "four categories, ten methods" let each landowner choose self-redevelopment, joint development, buy-out or exit instead of blanket government acquisition.
Average floor area ratio after self-redevelopment below 1.0 → above 2.0