China Gives Shenzhen Greater Autonomy to Attract Investment


Source: bloomberg.com bloomberg.com

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China announced measures that will grant its southern boomtown Shenzhen more autonomy as Beijing seeks to raise the profile of the region as a tech and financial hub amid tensions with the U.S. The National Development and Reform Commission published a list of reforms for Shenzhen on Sunday that include steps for financial markets, intellectual property protection, economic legislation and talent attraction. The supporting policies for Shenzhen are more than those given to the free trade zone in China’s southern island province Hainan, China News Service cited Peng Sen, former deputy director of the NDRC, as saying. The city is...