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Shenzhen releases mea上海千花坊rm, innovation

Shenzhen in South China’s Guangdong province released 39 measures to further deepen the reform a

nd innovation of the Qianhai and Shekou Area of the China (Guangdong) Pilot Free Trade Zone on July 8.上海千花坊

The measures cover four aspects: creating a sound investm

上海千花坊女神会所ent environment, improving trade facilitation, promoting financial inno

vation to serve the real economy, and advancing trials in the field of human resources.

To create a sound investment environment and attract more foreign investment, the Qianhai and Shekou Area is allow上海千花坊

ed to introduce innovative tax services in line with international standards. Wholly foreign-owned cons

上海千花坊女神会所truction enterprises in the area, when undertaking Sino-foreign joint construction projects in the province, will

be free of restrictions on the proportion of Chinese and foreign investment.

The Qianhai and Shekou Area will be granted the administrative authority to register free import and export techn上海千花坊

ology contracts, as well as the record management of imported cosmetics with no special purposes. The appli

cation of single-window platforms for international trade throughout the city, in which cross-border traders can subm上海千花坊女神会所

it regulatory documents at one location, will be promoted in the area to improve trade facilitation.

Financial institutions in the Qianhai and Shekou Area are permitted to handle renminbi derivatives and other bus

inesses for overseas agencies in accordance with relevant regulations under the premise of legal compliance and上海千花坊

controllable risks. The area is also encouraged to carry out pilot work in securitizing intellectual property rights.

上海千花坊女神会所The approval authority for the establishment of Sino-forei

gn joint ventures or wholly foreign-funded human resource recruitment agencies wi

ll be delegated to the Qianhai and Shekou Area. The area is also authorized to formulate regulations on the manag上海千花坊女神会所

ement of professionals from Hong Kong and Macao in accordance with national laws and regulations.

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