SHENZHEN, China, April 27 (Bernama-AsiaNet) — April 27 marks the 7th anniversary of the inauguration of Qianhai Shekou Free Trade Zone, whose day-to-day changes are always fascinating. According to Authority of Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone, in 2021, the number of Hong Kong-funded enterprises registered in Qianhai has increased by 156% year-on-year, and the actual use of Hong Kong capital accounts for 93.8% of the total foreign investments. Its Q1 2022 actual use of Hong Kong capital amounted to US$1.272bn, accounting for 92.97% of its foreign investments, a rise of 148.01%.
At the junctures of the global economic recovery, China continues to renew the layout of Qianhai, incorporating the development of Guangdong, Hong Kong and Macao. Institutional innovation turns to be the foundation for cultivating a first-class business environment in Qianhai, thus enticing many entrepreneurs from Hong Kong. Any sharp-eyed entrepreneur would lose no time in seizing the opportunities.