Notice of the Authority of Qianhai of Shenzhen Municipality on Issuing the "Interim Administrative Measures for Special Funds for the Development of the Professional Service Industry in the Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone"

13 May 2022

On 13 May 2022, the Authority of Qianhai of Shenzhen Municipality issued the "Interim Administrative Measures for Special Funds for the Development of the Professional Service Industry in the Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone". The Interim Measures cover 7 chapters and a total of 44 articles, including general provisions, promoting the development of Shenzhen-Hong Kong cooperation in the professional service industry, encouraging the agglomeration of professional service institutions, and supporting the characteristic development of cultural and creative industries. Among them, specific measures include one-off settlement support, business growth support, and team contribution support for qualified professional service institutions. The measures took effect from 16 May 2022 and will be valid for 3 years.

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