Page 134 - 2023 Special Report on the State of Business in South China
P. 134
US$3.53 billion, rising 17.4% YoY. So far, Qianhai
has rolled out 725 institutional innovations in the
fields of investment, trade, finance and rule of law,
among which 65 have been duplicated for use
nationwide84. In 2021, Qianhai expanded the 15%
favorable corporate income tax (CIT) rate policy
to cover about 12,000 new Qianhai-registered
enterprises engaging in commercial services. The
financial and legal sectors are two major fields for
Qianhai’s further opening-up.
Summary
As an economy with the highest degree of
freedom, Hong Kong will consolidate and enhance
its position as a business hub in international
finance, shipping and trade, and adhere to the
liberalization of trade and investment. Hong Kong
will focus on advancing the development of finance,
commerce, trade, logistics and professional
services towards high-end and high value-added.
In addition, Hong Kong will proactively promote the
development of the GBA.
84 The government of Shenzhen, http://www.
sz.gov.cn/en_szgov/news/infocus/Qianhai/news/con-
tent/post_10085450.html
134
has rolled out 725 institutional innovations in the
fields of investment, trade, finance and rule of law,
among which 65 have been duplicated for use
nationwide84. In 2021, Qianhai expanded the 15%
favorable corporate income tax (CIT) rate policy
to cover about 12,000 new Qianhai-registered
enterprises engaging in commercial services. The
financial and legal sectors are two major fields for
Qianhai’s further opening-up.
Summary
As an economy with the highest degree of
freedom, Hong Kong will consolidate and enhance
its position as a business hub in international
finance, shipping and trade, and adhere to the
liberalization of trade and investment. Hong Kong
will focus on advancing the development of finance,
commerce, trade, logistics and professional
services towards high-end and high value-added.
In addition, Hong Kong will proactively promote the
development of the GBA.
84 The government of Shenzhen, http://www.
sz.gov.cn/en_szgov/news/infocus/Qianhai/news/con-
tent/post_10085450.html
134
