Why is the first financial control company in Dawan District settled in Qianhai?

On September 18, China Merchants Financial Holdings Co., Ltd. (hereinafter referred to as "China Merchants Financial Control") was unveiled in Qianhai!

This is also since September 2020, the "Decision of the State Council on Implementing the Admission Management of Financial Holdings Company", "Trial Measures for the Supervision and Management of Financial Holdings Company", and the financial holding company entered the era of licensed supervision. The Bay Area was the first financial holding company approved by the People's Bank of China.

Coincidentally, three months ago, the country's first "dual -brand" overseas bank -Daxin Bank, which has operated history in 75 years and has 43 retail branches in Hong Kong, has also officially settled in the former sea to build Shenzhen Branch. Earlier, UBS Qianhai was approved to become the second in the country and the first wholly -owned fund sales company in the Guangdong -Hong Kong -Macao Greater Bay Area.

The latest data show that in the first half of this year, Qianhai's financial industry achieved an increase of 18.1%year -on -year.

Why are there more and more financial institutions with innovative and iconic significance falling into Qianhai? In the past year, why did Qianhai's financial industry gather in the "fast lane" in the past year in the past year in the past one year in the "Qianhai Plan")?

System innovation breakthrough

System innovation "flowering results", realizing a number of "first approval"

Finance is the pillar industry of Qianhai. Over the years, the former sea has been tried first to explore new paths and new experiences for the national financial industry's reform and opening up and innovation. In the past 12 years, many system innovation is now "flowering and fruitful."

Sheng Jin, vice president of China ’s business vice president of China Business and the head of Shenzhen company, was deeply touched. As the first asset management company listed in Hong Kong, Huili Group has invested in the mainland for more than 22 years and established a wholly -owned subsidiary Huili Shenzhen in Qianhai in 2015. It was the first foreign businessman that Qianhai was launched by Qianhai. Investment Equity Investment Enterprise (QFLP), Qualified domestic investment enterprises (QDIE) pilots.

"We are wholly -owned enterprises (Hong Kong -funded) who have obtained QFLP and QDIE qualifications earlier at the same time. They can provide domestic private equity fund product services for foreign investors and provide domestic investors with overseas private equity fund products. Successfully initiated the establishment of 3 QFLP and QDIE private equity funds products. "Sheng Jin said.

In April 2020, the Han -Asian Equity Investment Management (Shenzhen) Co., Ltd. (hereinafter referred to as "Han Asia Investment"), who settled in Qianhai in April 2020), also benefited from this system innovation. Han Asia Investment is the full -business docking platform of the South Korean head financial enterprise Han Asia Financial Group in China. The company's CFO Jiang Hao believes that Qianhai's institutional breakthroughs in cross -border finance such as QFLP and QDIE. Open and friendly areas.

"Last year we did a capital increase and shareholding, and the capital entry and liquidation were completed within a day, and it was completed through the bank. The procedures were very simple and fast." Jiang Hao said that QFLP policy opened some areas that could not be invested before, With this Dongfeng, the company's business has achieved leap -up this year, the scale is a hundred times the scale last year. "Qianhai's sensitivity and advancedness of the financial industry policy is impressive."

In fact, the financial industry under the CEPA framework has now been fully landed in Qianhai, forming a cross -border two -way RMB loan, cross -border two -way debt, cross -border two -way foreign currency fund pool, cross -border two -way equity investment, cross -border cross -border, cross -border border The "six cross -border" financial innovation of asset transfer and cross -border financial infrastructure.

In the past year in the "Qianhai Plan", Qianhai has taken the lead in achieving a number of "first batch" in the country.

For example, the nation's first batch of local and foreign currency bank accounts piloted the first to land in Qianhai. 8 banking institutions in Qianhai participated in the first batch of pilots to lay the foundation for the facilitation of cross -border trade and investment and financing settlement for Qianhai. The pilot piloting of the multinational company's domestic and foreign currency integration funds is the first to land. Qianhai high -quality multinational companies such as China Collection and Skyworth became the first batch of pilot enterprises.

At the same time, Qianhai is exploring the cross -border use of RMB first, and supports Shenzhen Qianhai Joint Trading Center to build an offshore agricultural product spot trading market. "In the past, China imported commodities and raw materials every year, and used the status of more US dollars for the settlement and settlement. However, on April 29 this year, we reached the first online transactions based on real cross -border trade. With the support of the RMB cross -border payment system (CIPS) for the first time, the cross -border payment and settlement of commodity trade payment has been realized, which has become an important attempt to promote the internationalization of the RMB.

In addition, the Bank of China Qianhaikou Branch took the lead in piloting two digital RMB personal cross -border payment scenarios; Hong Kong people's digital renminbi tax payment was successful in Qianhai, and for the first time to achieve the full process application of the digital RMB in the supply chain field.

In the latest "Best Innovation Case Innovation Case Innovation of the Guangdong Free Trade Zone in 2021", 6 cases of 15 cases come from Qianhai, including the "Qianhai Warehouse Warehouse" model, including the financial system innovation, Blockchain -based foreign people's income digital verification platforms, etc.

Shenzhen -Hong Kong cooperation in depth increases

The two places mechanism dock, and for the first time to push the "Joint Policy Pack"

In the latest issue of the "Global Financial Center Index", Hong Kong once again ranked among the top three in the world and became the highest -ranked city in the Asia -Pacific region. Combined with the "needs of the country" and "Hong Kong Director", Qianhai has almost no remains in promoting Shenzhen -Hong Kong cooperation in the financial sector.

In the past two years, Qianhai has continued the preferential policies of corporate income tax, and newly included the "business service industry" categories such as accounting and taxation into the preferential catalog; The qualification examination system is a practice registration system, which is allowed to be regarded as the mainland tax division as a shareholder to initiate the establishment of a tax settlement firm. After the release of the "Qianhai Plan", the "Interim Measures for the Management of the Special Funding Funding Fund for the Development of Qianhai" as the first batch of support policies for the "Daqianhai", 60 % of the terms involved in Shenzhen -Hong Kong financial cooperation, and the policy release was released Two batches of funds were approved in just two weeks. At present, a total of 103 support projects for financial enterprises have issued more than 105 million yuan in support funds.

"Qianhai's various financial industries promotion policies are very attractive to Hong Kong financial and financial institutions. Whether it is settled, rent subsidies, or reward support for the company's business operations and foreign investment, it has really reduced the operating costs of the enterprise. Its high support and wide range of applications are rare. "Sheng Jin said.

At the beginning of this month, the Qianhai Administration jointly issued the "18" measures for the development of Qianhai Wind Investment Creation Development (hereinafter referred to as "18" measures), which once again set off a enthusiastic response from the Hong Kong industry.

"For the first time in Shenzhen and Hong Kong, in the form of joint announcements, the 'joint policy package' was released in the two places, which is a breakthrough and innovation in a mechanism." Xu Zhengyu, director of the Hong Kong Treasury Bureau, said that Hong Kong is an international private equity fund hub. This, "After they knew the" 18 "measures, they immediately asked us how to participate, and especially how to invest in the field of science and technology in the Mainland through the Hong Kong platform and make good use of Hong Kong financial services, very interested" Essence

Xu Zhengyu believes that from the perspective of the financial industry, with the connection of the Shenzhen -Hong Kong system, Qianhai is a great development opportunity for Hong Kong, and you can find a very broad investment space. In the next step, the two places will also promote Qianhai QFLP to connect with the Hong Kong Limited Partnership Fund (LPF) rules and mechanisms, support Hong Kong LPF to conduct cross -border investment in Qianhai, and deepen the interconnection with Hong Kong's private equity investment.

Data show that as of now, the cumulative cross -border revenue and expenditure of Qianhai Free Trade Accounts exceeded RMB 289 billion, of which 85%of the cross -border income and expenditure occurred with Hong Kong; the first batch of "cross -border financial management" in the Guangdong -Hong Kong -Macao Greater Bay Area The pilot business took the lead in landing the sea to broaden the two -way circulation channels of Shenzhen -Hong Kong cross -border capital; 86 Qianhai Hong Kong -funded QFLP management enterprises accounted for 91.5%of the city; 24 Hong Kong -funded QDIE management enterprises and 6 Hong Kong -funded WFOE PFM enterprises in the city were all available. Settled in Qianhai.

Qianhai not only supports the status of Hong Kong's international financial center, but also becomes one of the areas with the highest connection and closer cooperation in the financial industry in the Mainland and Hong Kong.

High industrial space aggregation

Expand the "circle of friends" of the enterprise, the international institution is "busy with the beach"

In addition to institutional innovation, Qianhai also continuously develops space for industrial expansion and expands high -quality "circle of friends" in enterprises.

For more than a month after the release of the "Qianhai Plan", Qianhai draws on experience practices such as London Financial City and Dubai International Financial Center. "), Facing 4 million square meters of industrial space for large international financial institutions, Hong Kong foreign financial institutions, digital financial institutions, etc. to create a" first stop "and" first choice "for Hong Kong and international financial institutions to expand the mainland market.

"We always pay close attention to Qianhai, and understand that Qianhai is building a Shenzhen -Hong Kong International Financial City at high standards, and promoting the establishment of a financial system that connects with international rules. President Wang Zuxing explained that the bank became the first overseas bank in the country after being approved by a "dual -brand license" in the country.

Jiang Hao also believes that the financial city has gathered related enterprises and institutions in the industry, which is very effective for the exchange of different products in the industry and different products in the industry, making the development of various businesses more convenient.

"The gathering of well -known financial institutions at home and abroad has brought about the gathering of financial talents, financial resources and capital. Financial cooperation and exchanges are closely close, reducing transaction costs, and improving the innovation speed and efficiency of the financial industry." Sheng Jin said After the "18" measures were released, Qianhai will also create a Qianhai Shenzhen -Hong Kong International Venture Capital Capital area with innovative capital cross -border flow convenience and outstanding capacity of science and technology industry in the financial city, which will make Qianhai Finance The industrial scale agglomeration effect is becoming more and more manifested.

Data show that as of September 2022, Financial City has signed 204 financial institutions, of which nearly 30%of Hong Kong and foreign capital. A number of international first -class financial institutions such as China Merchants Financial Holdings, AXA, UBS Group, Mitsubishi Daily Bank, Italian Zhongli Insurance, Nasdaq Listing Payment Company PayPal settled in Qianhai. Capital and Qianhai Reinsurance and other key Hong Kong capital and licensed financial institutions have continued to settle in.

"After the establishment of Qianhai, we will focus on the construction of risk management, wealth management, and fintech 'three capabilities', and vigorously develop technology finance, green finance, and inclusive finance." Said Miao Jianmin, chairman of China Merchants Group. And this is exactly the characteristic financial field of Qianhai in recent years.

Among them, in terms of fintech, 10 Qianhai companies including Weizhong Bank, Lianyi Rong, and CSI reporters have been selected as the Top 50 China Fintech Double 50 in 2021;The joint trading center and Qianhai Equity Exchange Center were selected as a national blockchain innovation application pilot; Qianhai financial enterprises obtained 286 patents, and 13 were identified as national high -tech enterprises.In terms of green finance, the Shenzhen Green Financial Association has been established and settled in the former sea; China Resources Financial Leasing released the country's first environmental information disclosure report in the country's financial leasing company, issuing the carbon neutralization of the first single financial leasing industry in the Guangdong -Hong Kong -Macao Greater Bay Area.

In the future, Qianhai will also serve the real economy through coordinating financial resources, and cooperate with the industrial development of the surrounding regional industries such as Nanshan and Baoan, forming "finance+technology", "finance+intelligence", "finance+ocean" radiation zone.

Source: South +

Reporter: Zhang Wei

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