China unveils Shenzhen plan to woo investment


Source: taipeitimes.com taipeitimes.com

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China yesterday announced measures that would 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 US. The Chinese National Development and Reform Commission published a list of reforms for Shenzhen that includes 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 former commission deputy director Peng Sen (彭森) as saying. People walk past Tencent Holdings...