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Posted by / 09-Jun-2020 02:31

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The measures not only further ease regulations on overseas enterprises, but also improve services for Chinese companies that invest abroad.

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Song Ding, a research fellow at the Shenzhen-based China Development Institute, said that the Shenzhen FTZ had been set up with the intention of absorbing talented financial professionals with management experience from neighboring Hong Kong, but the effects had not been very obvious at the beginning.

"Now the local government is further relaxing financial policies for the trade zone to attract Hong Kong-based financial companies," Song told the Global Times.

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They have also updated services, especially in the financial sector, for Chinese companies that do business in the overseas markets.

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