What Is Qianhai?
Established in 2010, the “QianHai Shenzhen-HongKong Modern Service Industry Cooperation Zone” is an area to the West of Shenzhen created to enhance business in the logistics, service, creative, financial, and IT fields in China with the close cooperation with Hong Kong.
This 15 km/Sq area is extremely close to the Hong Kong Border in Nanshan district, and aims to entice businesses in the above fields to the city by offering preferential tax rates, investment opportunities, and low cost office space amongst other benefits.
Despite being in mainland China, QianHai will also more closely resemble Hong Kong, with Hong Kong educational and medical organisations and facilities authorised to operate within the zone in exactly the same way as they are accustomed to in Hong Kong itself.
With enormous Chinese government investment of around 400 Billion CNY (US$65 Billion) and many other investors offering incubator and venture capital investment, if you’re in one of the zone’s preferred industries the question is, can you afford not to at least consider opening a QianHai company in Shenzhen’s fastest growing CBD?