Page 41 - 2017 Special Report
P. 41
· Supporting the establishment of international 此页留白
or national management headquarters or business
operation headquarters by Hong Kong and other 81
onshore and offshore financial institutions.

Qualifying enterprises will be entitled to a reduced
corporate income tax rate of 15 percent, and to increase
investor confidence in the area, the government has
stated plans to explore the establishment of branches of
Hong Kong arbitration institutions in Qianhai. To attract
foreign talent, especially financial sector employees from
Hong Kong, the zone offers a special 15 percent salary
tax rate for foreign nationals living or working in Qianhai.
In April 2013 the municipal government announced
four industries–finance, modern logistics, information
services, and related industries operating within the
zone–that are eligible for special funding.

Identified as “an area for spearheading industrial
restructuring in the Pearl River Delta region”, the Qianhai
Zone was extended as the Guangdong Free Trade Zone
in April, 2015.

Currently, the Guangdong FTZ covers an area of 116.2
square kilometers and consists of the three following,
pre-existing development zones:

Guangzhou Nansha New Area (including Nansha
bonded port)

· Major industries: shipping industry, logistics,
financial industry, international trade, high-end
manufacturing

Shenzhen Qianhai Development Zone
· Major industries: financial industry, modern
logistics, information services, technology services

Zhuhai Hengqin New Area
· Major industries: tourism industry, finance
services, cultural and education industry, hi-tech
industries

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