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Shenzhen to ease access

Source:Global Times Published: 2014-1-8 23:38:03

Shenzhen's government aims to further relax the restriction of access to domestic and overseas financial institutions and plans to encourage more private capital to enter the financial services industry, Shanghai Securities News reported Wednesday.

The government said it will make full use of Shenzhen's regional advantage in being adjacent to Hong Kong, and have further cooperation with Hong Kong in a bid to promote cross-border finance.

Meanwhile, the government will also promote innovative finance based on high-tech and Internet resources, the report said.

Posted in: Economy