QIANHAI EMBRACES A BRIGHTER FUTURE ON FIRST ANNIVERSARY OF QIANHAI PLAN

SHENZHEN, China, Dec 19 (Bernama) -- The Overall Development Plan for the Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone (hereinafter referred to as the "Qianhai Plan") has marked its first anniversary since its release. Over the past year, Qianhai has stepped up efforts to build a pilot platform for comprehensive reform and innovation, a high-level portal for international openness, a leading area for deep integration between Shenzhen and Hong Kong, and a hub for the high-quality development of modern service industries, driven by a more dynamic momentum of growth.

Deepening reform and expanding opening-up are both Qianhai's unique advantages and important missions. Statistics released by the Authority of Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone shown that, for three consecutive years, Qianhai has been ranked No.1 in terms of the institutional innovation index of China's free trade pilot zones. Since the beginning of this year, Qianhai has launched 47 new institutional innovations, bringing the total to 882.