First Anniversary of the Qianhai Plan, Shenzhen-Hong Kong Collaboration Has Much Deepened

SHENZHEN QIANHAI – Media OutReach – 7 September 2022 – September 6, 2022 marks the first anniversary of the promulgation and implementation of “the Plan for Comprehensive Deepening of the Reform and Opening Up of the Qianhai Shenzhen-Hong Kong Modern Service Industry Co-operation Zone” (“Qianhai Plan”) issued by the State Council. With emphasis on “expansion” and “reform and opening up”, Qianhai has carried out a number of key tasks in Shenzhen-Hong Kong collaboration, international cooperation, opening up of the financial industry, opening up of legal affairs, technological innovation, business environment, clustering of talents, etc. Achievements are apparent. In 2021, the GDP of Qianhai District was 175.567 billion yuan, with an annual increase of 10.5%. The actual use of foreign capital was US$ 5.822 billion, with a yearly increase of 14.9%. Total customs area import and export goods was 1.74 trillion yuan accounting for an increase of 20.3%. From January to June 2022, the actual use of foreign capital was US$3.533 billion, representing a rise of 17.4%.