Qianhai More Appealing To Global Investment Via Multi-dimensional Support

KUALA LUMPUR, Nov 14 (Bernama) -- The appeal of Qianhai, Shenzhen to global investment is seeing further advancements, with analysts said the multi-dimensional support will bring Qianhai's business environment to a higher level and make it more appealing to global enterprises.

During the 2023 Qianhai Global Investment Promotion and Talent Conference, PricewaterhouseCoopers has unveiled the Annual Doing Business Blue Paper for Qianhai Cooperation Zone 2023 (the Blue Paper), which pointed out Qianhai's exceptional overall business environment and the significant progress made in the Shenzhen-Hong Kong integration.

It will essentially achieved the goal of "the business environment being globally competitive by 2025" set in the Plan for Comprehensive Deepening Reform and Opening Up of the Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone (the Qianhai Plan).

The Blue Paper highlighted Qianhai's advancements in various aspects of the business environment, in which Qianhai will build a business environment that prioritises market orientation, the rule of law, and internationalisation, moving faster to reach the world-class level.

In order to continuously promote a high-quality business environment, Qianhai empowers talent introduction to furnish intellectual support for global enterprises, according to the Authority of Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone in a statement.

The Qianhai Administration Bureau, in partnership with Elsevier, the University of Hong Kong, the China Europe International Business School, and other organisations, has initiated the Global Scientists Sabbatical Leave Program.

The programme aims at the key areas and strategic directions of global and national innovation development and creates an innovative platform where top scientists can exchange academic views and share frontier information.

Furthermore, Qianhai has expanded its original Six Agglomerations consisting of venture capital, natural gas trade, financial leasing, cross-border e-commerce, tax-related services and high-end thinktanks, to provide global enterprises with a larger development platform.

It has launched the New Six Agglomerations namely artificial intelligence, supply chains, integrated circuits, offshore engineering equipment, shipping services, and international consulting, thus creating a new "6+6" spatial pattern of industrial agglomerations.

-- BERNAMA