Canton Fair International Pavilion.
Li Jinqi, the Director General of China Foreign Trade Centre said that Guangdong FTZ will become the important hub for 21st century maritime silk road, while Canton Fair International Pavilion has become an import platform for export and import trade in China. He hoped that enterprises in Guangdong FTZ can come to make businesses and explore oversea resources.
Guangdong FTZ has attracted many enterprises since the opening ceremony. One of the preferential policies is low tax. Zheng Jianrong, the office director of China (Guangdong) Pilot Free Trade Zone, introduced that due to higher individual income tax in Qianhai and Hengqin than that in Hong Kong and Macao, the government will subsidize the margin of the tax directly in order to keep the talents from Hong Kong and Macao stay in Qianhai FTZ and Hengqin FTZ.
“For foreign enterprises, Guangdong FTZ is a good place to start their business in China since they can enjoy many preferential policies,” Liisi Karindi, Chinese marketing director of Estonia Business Bureau, illustrated that for a company the most attractive element is lower tax definitely, and the low tax in Guangdong FTZ will interest her company to Guangdong. While another representative from South Korean enterprises introduced that he cares more about the channels that can bring their products to Guangdong safely.