leveraging the qianhai shenzhen-hong kong modern service industry cooperation...
title: leveraging the qianhai shenzhen-hong kong modern service industry cooperation zone for the advancement of hong kong as an international financial center
to accelerate the construction of a world-class international financial center in china’s hong kong(hereinafter referred to as hong kong), it is necessary to fully utilize various favorable conditions and mobilize all available resources, including leveraging strong support from key regions in the chinese mainland and enhancing both internal and external linkages with these areas. the state council approved the overall plan for the development of qianhai shenzhen-hong kong modern service industry cooperation zone (hereinafter referred to as the qianhai overall plan) in december of 2023. this plan proposes the establishment of a shenzhen-hong kong deeply integrated development leading zone, which offers a new approach to support the construction of hong kong international financial center. that is, by deepening financial integration and collaboration between hong kong and qianhai, solid support will be provided and stronger momentum will be injected into the development of the hong kong financial sector.
