Notice from the Qianhai Authority on Measures for Selection of Excellent Financial Innovation Cases in Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone (Trial)

13 August 2020

The Shenzhen Qianhai Authority has issued a notice on measures for selection of excellent financial innovation cases in Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone (Trial) on 13 August 2020. The measures set out the funding criteria, application conditions, selection criteria, application review procedures and the handling of publicity and objections, etc. Eligible units can fill in the "Declaration Form for Excellent Financial Innovation Cases in Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone" in the attachment, prepare relevant supplementary materials as needed and submit them to the Qianhai Authority within the time required by the notice. The measures also clarify that projects that are conducive to the construction of the Guangdong-Hong Kong-Macao Greater Bay Area and the pilot demonstration zone of socialism with Chinese characteristics, as well as serving the "Belt and Road" initiative and meet specific conditions will be given priority. The measures came into force on 1 August 2020 and would be valid until 1 August 2023.

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