To the relevant units:
In accordance with the “Shenzhen Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone Management Bureau Foreign Investment Incentive Measures” (Shen Qianhai Gui [2024] No. 3) and relevant industrial special fund regulations, the following is the implementation plan for the 2025 (second batch) foreign investment incentive special funds for certain enterprises. The relevant matters are notified as follows:
1. The foreign investment incentive applications of 3 enterprises, including Shenzhen SenseTime Technology Co., Ltd., have been approved. The incentive amount is 45.93 million yuan, which will be uniformly allocated from the Qianhai Industrial Development Fund. This fund is a one-time disbursement.
2. Please proceed to the Qianhai Authority to handle the fund disbursement procedures.
Contact number: 0755-88105252.
This notice is hereby given.
Attachment: Implementation Plan for the 2025 (Second Batch) Qianhai Foreign Investment Incentive Special Funds for Certain Enterprises
Shenzhen Qianhai Authority
Shenzhen Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone
The Shenzhen Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone is a strategic economic area established in 2010 in western Shenzhen, designed to deepen collaboration between Shenzhen and Hong Kong. It focuses on developing modern service industries such as finance, logistics, and technology, benefiting from preferential policies and its proximity to Hong Kong. The zone has grown into a key pilot for China’s economic reforms and a hub for innovation and international business.
Qianhai Industrial Development Fund
The Qianhai Industrial Development Fund is a key financial initiative established to support the growth of strategic industries within the Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone in China. Launched as part of the broader development plan for Qianhai, the fund aims to attract investment and foster innovation in sectors like finance, technology, and modern services. It plays a crucial role in driving regional economic integration and advancing the zone’s status as a pilot area for financial reform and opening-up.
Qianhai Authority
The Qianhai Authority is the administrative body responsible for the development and management of the Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone, established in 2010. It oversees the area’s transformation into a key hub for financial innovation, modern logistics, and cross-border trade, leveraging its strategic location near Hong Kong. The authority plays a central role in implementing China’s reforms and opening-up policies, fostering deeper economic integration between Shenzhen and Hong Kong.
