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Qianhai & Shekou Area to create world class business environment: official

2016-April-20       Source: Newsgd.com

Qianhai & Shekou Area is one of the most vibrant areas in China and it is always attempting to create the world-class business environment.

Qianhai Shenzhen - Hong Kong Cooperation Zone. [File Photo]

"Qianhai & Shekou Area is one of the most vibrant areas in China and it is always attempting to create the world-class business environment." Wang Jinxia, Assistant Director General of Qianhai & Shekou Administrative Committee told foreign media visiting Shenzhen on a press conference yesterday.

Chinese and foreign media attended press conference held by Qianhai Authority. [Photo / Hong Kong Commercial Daily]

Statistics, innovative measures and enterprises' response can prove how this area keeps improving its business environment.

The latest data shows that Qianhai - Shekou Area attracts 15,119 newly registered enterprises with capital of 621.89 billion Yuan, up 155.78% and 187.61% respectively. Currently, the total number of registered enterprises reaches 88,622 with registered capital of 4027.978 billion Yuan.

In addition, reforms and innovations in international trade rules, finance, talent policy and other fields have been carried out. For instance, A foreign company now can finish its business registration in Qianhai for only three days. And 44 taxes can be paid on an App or on WeChat platform, the ratio for dealing with taxes online reached 74.5%, etc.

Meanwhile the innovative international trade investment rules and the negative list were made and three pilot schemes of national security reviews for foreign investment were made by the zone.

Wang Jinxia (R), Assistant Director-General of Qianhai & Shekou Administrative Committee [Photo / Hong Kong Commercial Daily]

Also, third parties including the State Council and consultancy like PWC had a review assessment program for the area's development. According to Wang, they gave their positive ratings and believed that it is a very ideal place to do business compared with other places in China.

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Editor: Chan

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