Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone

Qianhai Business Consultancy
Hotline: 86-755-82147392, Email:info@citilinkia.com

The Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone (hereafter referred to as Qianhai), covering an area of 15 square kilometers, is located on Nanshan Peninsula and borders Hong Kong and Macao. As a paragon of innovative cooperation between Shenzhen and Hong Kong, Qianhai focuses on the development of finance, modern logistics, information service, science and technology and other professional service industries, among which finance is the most prominent. Qianhai is approved to explore the innovation of financial reform and serve as a demonstration window of China opening up its financial industry. Specially, Qianhai is permitted to explore the expansion of backflow channels of overseas RMB funds and the grant of cross-border RMB loans, to support Qianhai-based enterprises to issue RMB bonds in Hong Kong, and to set up Qianhai equity investment fund of funds.

TRANSPORTATION

Qianhai is close to both Shenzhen and Hong Kong airports and has formed a convenient transportation network that connects the Pearl River Delta, Hong Kong and Macao with Hong Kong-Shenzhen West High-speed Railway, Guangzhou-Dongguan-Shenzhen Intercity Railway, Shenzhen Metro lines 1, 5, 9 and 11, Guangzhou-Shenzhen Riverside Expressway, Nanping Expressway Phase II, Haibin Boulevard, and other railway and expressway networks.

STRATEGIC POSITIONING

As one of the strategic platforms of deepening the economic cooperation between the mainland, Hong Kong and Macao and the city's strategic platform, Qianhai has been set up as an innovation area for modern service industry, a cluster area for the development of modern service industry, a pilot area of close cooperation between the mainland and Hong Kong, and a leading industrial upgrade area in the Pearl River Delta region.

DEVELOPMENT GOAL

By 2020, the regional GDP will reach 150 billion yuan. An international first-class modern service industry cooperation zone, with institutional mechanism and legal environment catering to the modern service industry, will be established. The cooperation zone will become the center of producer-service industry in the Asia-Pacific region, and an important base for international service trade.

CURRENT SITUATION

Infrastructure construction: 2014 has seen 32 infrastructure projects been launched, with a total investment of 28 billion yuan. Around 12 to 15 land lots have been planned for industrial use, with a total area of 250,000 square meters. Currently, eight construction projects with total investment of 156.4 billion yuan have been started, which will result in a total floorage of 6.51 billion square meters.

Five among the six land lots that leased in Qianhai were acquired by either listing Hong Kong enterprises or enterprises registered in Hong Kong. The total area of the five land lots amounts to 185,000 square meters, which can provide a total floorage of 1.49 million square meters.

Hong Kong top talents and special talents in Qianhai can received personal income tax subsidy. Among the first batch of such talents, Hong Kongers account for 70%. Qianhai is the first to carry out cross border RMB loans, which has become a landmark in the process of RMB internationalization. As of March, the registered cross border RMB loans have accumulated over 15 billion yuan.

Investment: Qianhai has put great effort in inviting high-end projects and reputable enterprises. As of March 31, a total of 5,761 enterprises have been registered with the registered capital of 411.28 billion yuan. Qianhai has saw contractual foreign investment of US$3.9 billion and the registration of 46 top 500 fortune investment enterprises.

Special zone for talents: Qianhai has actively encouraged Hong Kong professionals to work and start business there. Over 10 types of professionals who have acquired Hong Kong professional qualifications can start business in Qianhai. The Qianhai-Shenzhen- Hong Kong postdoctoral exchange station will be set up in Qianhai. Besides, Qianhai has carried out indemnificatory housing polices and favorable personal income tax polices for top, special talents.

Contact Us
For further queries, please do not hesitate to contact ATAHK at anytime, anywhere by simply calling China hotline at 86-755-82148419, 86-755-82143512, or emailing to info@citilinkia.com