Hashtag
Men's Weekly

Enterprises Impressed with New Developments and World-Class Business Environment in Qianhai, Shenzhen

SHENZHEN, CHINA - Media OutReach Newswire - 2 September 2024 - The Plan for Comprehensively Deepening Reform and Opening-up of the Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone (hereinafter referred to as the "Qianhai Plan") was officially released on September 6, 2021.

Over the past three years, the GDP, fixed asset investment, and imports & exports of Qianhai have grown at an average annual rate of over 10%, over 15%, and 14.3%, respectively. Enterprises in Qianhai, Shenzhen have been impressed by the remarkable improvements in the business environment. Qianhai has been on a fast track of creating a world-class business environment through a series of measures, such as establishing China's first "one-stop service" platform for foreign investors, and improving services throughout the full life cycle of enterprises.

Landscape of Qianhai, Shenzhen, China
Landscape of Qianhai, Shenzhen, China

"We have greatly benefited from the business environment provided by Qianhai," said Sun Jinjun, Chief Representative of the Holman Fenwick Willan LLP Shenzhen Representative Office. "I often have colleagues from other countries and both Chinese and foreign clients attending meetings at our Qianhai office, and they often praise the office environment here. Meanwhile, the Qianhai Authority often organizes corporate seminars and policy presentations, providing great support for enterprises in terms of software," he said.

According to Sun Jinjun, the highlights of Qianhai's business environment include its institutional innovation capabilities, fast and efficient problem-solving abilities, its advantageous geographical location connecting with Hong Kong and Macao, and its professional government service team. "All policies need to be implemented by dedicated personnel. We received professional, seamless services while establishing our Qianhai office," he added.

Similarly, many other enterprises in Qianhai are also deeply impressed by its outstanding business environment. First, Qianhai has developed various forms of modern service industries such as finance, law, talent, and logistics. Second, it boasts a series of institutional mechanisms that align with those in Hong Kong, Macao, and the international community. The Qianhai Global Service Providers (QGSP) program aims to introduce and cultivate eight types of global service providers including modern financial services, trade and logistics, information services, sci-tech services, cultural and creative services, commercial services, shipping services, and public services. A total of 167 leading enterprises or institutions under these categories, such as KPMG and UBS, have delivered relevant services in Qianhai. Overall, a new world-class business environment ecosystem has taken shape.

According to a recent evaluation by PwC using the World Bank's business environment indicators, Qianhai's total score was close to that of Singapore and Hong Kong. The 2023 Business Environment Blue Book for Qianhai Cooperation Zone released by PwC highlights Qianhai's excellent overall business environment, and significant progress in Shenzhen-Hong Kong cooperation, and indicates that the goal of creating a globally competitive business environment by 2025, as set out in the Qianhai Plan, is nearly achieved.

As the business environment improves, a growing number of Hong Kong residents are choosing to start businesses in Qianhai. Elvis Yu, Founder of INSPRO and a young Hong Kong resident, is one of them. "Qianhai offers the talents, policies, capital, and market that we need for our startup. Thanks to its proximity of geography and culture, we can start our business faster. After three years of development in Qianhai, we now hold more than ten patents, and our revenue this year has exceeded 10 million yuan," he said during an interview.

"We are eager to see further advancements in Qianhai's business environment. Qianhai can go further by actively aligning with high standards both domestically and internationally," said Sun Jinjun. With the implementation of more industrial support policies in areas such as finance, trade logistics, and professional services, Qianhai is bound to have broad prospects for creating a world-class business environment.

Hashtag: #QianhaiPlan

The issuer is solely responsible for the content of this announcement.

Business News

Highbrow Unveils Its New Beauty Salon at The Adelphi

SINGAPORE - Media OutReach Newswire - 27 June 2025 - HighBrow, one of Singapore’s most trusted names in brow, lash, and nail care, is thrilled to announce the launch of its new beauty salon at The Ad...

Hashtag.net.au - avatar Hashtag.net.au

Cyberport 5 as Hong Kong's New I&T Landmark

Driving Emerging Strategic Industries Development Heralding a New Chapter in Integration of I&T and the Community HONG KONG SAR - Media OutReach Newswire - 27 June 2025 - The Cyberport 5 b...

Hashtag.net.au - avatar Hashtag.net.au

VinFast signs dealer financing cooperation agreement with BCA

JAKARTA, INDONESIA - Media OutReach Newswire - 27 June 2025 - VinFast has officially entered into a pivotal financial partnership with PT Bank Central Asia Tbk. (BCA), one of Indonesia's leading priv...

Hashtag.net.au - avatar Hashtag.net.au

Food Expo PRO and Hong Kong International Tea Fair Return in August with New Coffee Zone and Expanded Halal Sector

HONG KONG SAR - Media OutReach Newswire - 27 June 2025 - Organised by the Hong Kong Trade Development Council (HKTDC), the Food Expo PRO and Hong Kong International Tea Fair will be staged concurrent...

Hashtag.net.au - avatar Hashtag.net.au

Food Expo PRO and Hong Kong International Tea Fair: One-Stop F&B Platform Returns in August

Spotlighting Food Science & Tech HONG KONG SAR - Media OutReach Newswire - 27 June 2025 - Organised by the Hong Kong Trade Development Council (HKTDC), the Food Expo PRO and Hong Kong Internation...

Hashtag.net.au - avatar Hashtag.net.au

The best CFD broker 2025': Octa receives yet another award

KUALA LUMPUR, MALAYSIA - Media OutReach Newswire - 27 June 2025 - Octa, a globally regulated and trusted broker since 2011, was recently named 'The best CFD broker 2025' by the AllForexRating.com po...

Hashtag.net.au - avatar Hashtag.net.au

Health & Wellness

Telehealth Could be the Catalyst for Better Heart Health in Australia

Hashtag.net.au - avatar Hashtag.net.au

Image by stockking on Freepik Heart disease is one of the leading causes of death in Australia despite decades of advancements in medicine and health education campaigns. More than 400 Australians ...

Disability Care in Melbourne: What Families Need to Know in 2025

Hashtag.net.au - avatar Hashtag.net.au

If you’re supporting a loved one with a disability in Melbourne, you’ll know how important it is to find the right care—and how overwhelming it can be to navigate the system. With the National Disab...

Online Medical Certificate Services: Essential Features to Look Out For

Hashtag.net.au - avatar Hashtag.net.au

"Discover top online medical certificate services! Essential features to look for to get trusted and efficient results." Choosing high-quality services is essential for ensuring reliable, efficient, ...