Business environment

Financial service

Status quo

1. 99 investment projects by Fortune 500 enterprises, 103 headquarters enterprises;

2. Over 3,500 financial enterprises, with financial leasing business volume exceeding 100 billion yuan;

3. 56 cross-border financial innovation pilot programs, including cross-border RMB direct loan, being carried out;

4. Permanent hosting site of IFF and the settlement of international financial island.

Advantages:

1. Favorable policies in terms of financial service and headquarters economy unique to FTZ;

2. To launch Guangdong's first pilot program on financial leasing centralized management for both domestic and foreign investment;

3. Core area within Guangdong-Hong Kong-Macao Greater Bay Area and a high-end headquarters business district.

Objectives:

1. To build an high-class international financial island;

2. To build an innovation-driven financial system that facilitates industry-finance integration;

3. To further develop venture investment and build an international venture investment center;

4. To facilitate cross-border RMB business innovation between Guangdong and Hong Kong;

5. To attract the settlement of company headquarters for multinational enterprises, central government led enterprises and private enterprises;

6. To improve the financial infrastructure in Jiaomen River Financial Service Zone and Pearl Bay Area.

Scientific and technological innovation

Status quo

336 high-tech enterprises, with the number of innovative R&D institutes accounting for 15 percent of the total in Guangzhou;

Production value of high-tech products accounting for 52.6 percent of the total industrial output value contributed by above-designated-scale enterprises;

One academy and five research institutes set up by Chinese Academy of Sciences, HKUST Fok Ying Tung Research Institute.

Advantages:

1. Venture capital guiding fund ready to build a scientific and technological service system;

2. Adjacent to Guangzhou University Town, Shenzhen and Hong Kong, ideal for the aggregation of innovation elements;

3. Great incentives on talent introduction and R&D.

Objectives:

1. To cultivate high-tech industrial clustering and introduce the settlement of leading high-tech enterprises;

2. To introduce the settlement of institutional investor and to promote the three-chain integration between technology and financial sector;

3. To build an international AI industrial park at Qingsheng hub with a projected output value reaching 100 billion yuan;

4. To speed up the development of inspection and testing high-and-new-technology service aggregation zone in Wanqingsha.