Shenzhen unveils ambitious 2024 plans to enhance business environment
On June 21, Shenzhen officially released three plans aimed at improving the city's business environment. These comprehensive frameworks outline 105 key tasks designed to invigorate business entities, attracting global high-quality resources, and boosting Shenzhen’s international competitiveness.
The 2024 work plan for making Shenzhen's business environment more market-oriented focuses on continuously lowering the market entry threshold. Key measures include providing consultation services and a green channel for Hong Kong investors seeking business qualifications, significantly reducing processing time.
The 2024 work plan for making Shenzhen's business environment more law-based emphasizes advancing legislation in key and emerging sectors to improve the regulatory system. This plan aims to expedite significant legislative projects, including regulations to promote strategic emerging industries and future industries within the Shenzhen Special Economic Zone.
Internationalization Work Plan
The 2024 work plan for making Shenzhen's business environment more internationalized adopts a proactive approach to expanding market access for foreign investment. It seeks to accelerate the implementation of foreign investment projects in sectors such as biopharmacy.