Date
23 October 2017

Qianhai submits new policy lures to Beijing, paper says

The management committee of Shenzhen’s Qianhai special financial zone has submitted a second batch of policy breaks to the central government for approval, the Shanghai Securities News reported Friday. According to sources close to the authorities, the second batch of policies — comprising 25 in all — is more targeted than the first batch of 22, and could be rolled as early as March. The proposals include allowing foreign capital to make equity investments in the zone, relaxation of entry requirements for Hong Kong financial firms entering the zone under the CEPA framework, as well as mutual recognition of professional qualifications between Qianhai and Hong Kong, the report said.

– Contact HKEJ at [email protected]

EL/AC/SK

 

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