Page 132 - 2025 Special Report

Five key development directions in the Nansha Plan: • The Qianhai Financial Business Zone: Mainly
undertakes the function of trade in services by: (i)
1) Speeding up the establishment of a prioritizing finance, information services, scientific
technology innovation industry co-operation base and technological services and professional
services; and (ii) building a pilot and demonstration
2) Creating a youth entrepreneurship and window for China’s financial industry to open up to
employment co-operation platform the outside world and as an important producer
service center in the Asia-Pacific region.
3) Jointly developing a high-standard gateway
for opening up to the world • The Western Shenzhen Port Zone:
Prioritizes port logistics, international trade, supply
4) Becoming a center of excellence for chain management and high-end shipping services
facilitating the alignment of rules and regulations while undertaking the function of trading goods
and building an international hub port.
5) Setting up high-quality urban development
benchmarks for developing Nansha as the • The Shekou Business Zone: Prioritizes new
powerhouse promoting Hong Kong and Macau’s services such as network information, scientific and
integration with the country’s development technological services and cultural creativity and
forms an industrial linkage and complementary
The Nansha Plan has also drawn up phased advantages with the Qianhai Area.
goals for the Nansha development. The year 2025
will see the initial formation of a local innovation The Qianhai Shenzhen-Hong Kong Cooperation
and industrial transfer system and a business Zone overlaps with the functions and policies of
environment that operates as an international pilot free trade zones and follows the three-zone
market following the rule of law, while a green model of “Cooperation Zone + Pilot Free Trade
intelligent energy-saving and low-carbon operation Zone + Bonded Port Area”. These policies include
model will be implemented. Coupled with the those shared by pilot free trade zones in Chinese
optimization of its education, health care and other mainland and also policies unique to the Qianhai
public resources, Nansha aims to become the new Cooperation Zone, such as a reduced corporate
preferred home and workplace for young people in income tax of 15%, preferential individual income
Hong Kong and Macau. The next goal is to establish tax and other tax policies. The comparative
a mature regional innovation and industrial advantages are more prominent.
transfer system and first-class international
business environment by 2035, which will allow In 2023, Qianhai’s GDP reached RMB246.4 billion,
Nansha to play a leading role in supporting the up 15% YoY. The total export and import registered
GBA’s participation in international co-operation RMB494 billion, up 6.7% from the previous year .
28
and competition while serving as an important So far, Qianhai has rolled out a series of measures in
platform for comprehensive co-operation between modern service industries such as finance, industrial
Guangdong, Hong Kong and Macau. agglomeration and commercial logistics and over
300 global Fortune 500 MNCs are accelerating their
Qianhai and Shekou areas of Shenzhen footprints in the area.

On 27 April 2015, the Qianhai and Shekou areas In the 14th Five-Year Plan, the Qianhai and
of Shenzhen were officially established. Qianhai Shekou areas of Shenzhen will focus on:
and Shekou’s total area is 28.2km , of which 15km 2
2
(including 3.7km of the Qianhai Bay Bonded Port 1. Cooperate with Hong Kong to build a new
2
Area) are occupied by Qianhai District and 13.2km 2 international trade center, a high-end shipping
are occupied by Shekou District. service center, an international legal service center
and a commercial dispute resolution center
The Qianhai and Shekou areas contain three
functional zones, with different industrial forms 28 https://qh.sz.gov.cn/sygnan/xxgk/xxgkml/tjsj/con-
tent/post_11129363.html
emphasize different aspects:
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