[3] The city of Shenzhen, where Qianhai is located, is one of the most economically developed regions in the Pearl River Delta and mainland China.
Shenzhen Qianhai Cooperation Zone People's Court [zh] was established in 2015 as a national judicial reform pilot, it specializes in foreign-related and Hong Kong/Macao/Taiwan commercial cases, handling claims up to RMB 50 million.
Qianhai's financial services will aim to complement that of Hong Kong's, in a conscious effort to avoid direct competition and create a win-win situation.
[11] More specifically, Hong Kong banks will be allowed to extend commercial RMB loans to Qianhai-based onshore mainland entities.
[14] Qianhai has implemented preferential policies which will effectively allow logistics providers to offer improved and more flexible services across mainland China and globally.
[16] The Qianhai administration will promote the development of software and information technology services, as well as facilitate the cooperation between mainland and Hong Kong telecom operators.
[21] Established to foster cross-border entrepreneurship, the hub spans 920,000 m² (north section operational since 2022), offering specialized zones for AI, fintech, and green tech startups.