Shenzhen to double QDIE amid fight for flows
The city plans to raise permits for its cross-border investment scheme to 15 this year as competition intensifies with Shanghai and Qingdao, which offer similar programmes.
Shenzhen plans to nearly double the number of QDIE holders in the city this year as the fight for flows between China’s numerous cross-border schemes intensifies.
In an effort to lure funds from other cities, Shenzhen said it planned to accelerate innovation in its qualified domestic investment enterprise (QDIE) programme and build on its geographical location next to Hong Kong.
With Shanghai and Qingdao offering similar schemes, the fight for flows looks set to continue.
In i…
Please sign in or register
for free access to 1 article per month from AsianInvestor’s content and archives of over 16,000 articles.
¬ Haymarket Media Limited. All rights reserved.