Notice of Issuing Support Measures for Promoting the High-quality Development of Financial Industry in Guangzhou Municipal Nansha District (Sui Nan Kai Guan Ban Gui [2025] No. 1)
02 April 2025
On 2 April 2025, the Office of the Guangzhou Nansha District Administrative Committee and the Office of the People’s Government of Guangzhou Nansha District (“the authorities”) issued the “Notice of Issuing Support Measures for Promoting the High-quality Development of Financial Industry in Guangzhou Municipal Nansha District” (“the Measures”). The authorities announced that licensed financial institutions that have actively engaged in business activities in Nansha District for the first time shall be granted a maximum award of RMB 18 million for each enterprise, based on specified conditions such as enterprise type, development and operation conditions. These Measures shall be effective until 31 December 2026.