Shenzhen FTZ further eases curbs for HK, Macau investments

This undated file photo shows a view of Qianhai and Shekou Area of China (Guangdong) Pilot Free Trade Zone in Shenzhen, Guangdong province, China. - Xinhua

SHENZHEN (China Daily/ANN): Restrictions on investments by Hong Kong and Macao businesses in Shenzhen’s Qianhai free trade zone (FTZ) will be further relaxed with the mainland city announcing the passage of two regulations as part of its efforts to create a more favourable business environment for overseas investors.

According to the regulations, which were recently approved by the local legislature, Qianhai will further lower its threshold for investment and work to eliminate all restrictions on Hong Kong and Macao enterprises to invest in the free trade zone.