Page 88 - 2022 Special Report on the State of Business in South China
P. 88
- Perfect systems and mechanisms for Summary
market-oriented allocation of factors: Support
in-depth exploration of the land management Guangdong province, driven by construction of
system, perfect a labor mobility system that the GBA, has created a free trade zone with free
can adapt to the characteristics of a megacity, investment and trade, an innovative resource
promote the reform of the growth enterprise cluster and prominent radiation functions that
market and pilot the registration system, and encourage foreign investment, strengthen
explore new mechanisms for data property conditional rewards and subsidies for enterprises,
protection and utilization. and promote scientific research, talent and
trade cooperation with Hong Kong and Macao
- Create a market-oriented and law-based that focuses on supporting the development
internationalized business environment: Further of science and technology, finance, and leisure
perfect a fair and open market environment, build a tourism. Guangdong Province is creating a globally
benchmark city for intellectual property protection, competitive business environment by giving play
perfect the administrative management system to the decisive role of the market in resource
and the legislation of special economic zones. allocation, reducing administrative intervention
and strengthening comprehensive market
- Perfect the environmental system supervision to form a stable, fair, transparent, and
for scientific and technological innovation: predictable first-class business environment.
optimize and innovate in the allocation mode
and management mechanism of resources and
establish an internationally competitive system of
talent introduction and use.

- Perfect the high-level open economic
system: Intensify institutional opening and
support rule-based connectivity and deepening of
cooperation and development in the GBA. Expand
the opening-up of financial, shipping and other
industries to the outside world.

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