China News Service, Guangzhou, May 19 (Wang Jian and Shuxia) "Interim Measures for the Administration of Pilot Domestic Investment of Qualified Foreign Limited Partners (QFLP) in Nansha New Area, Guangzhou, China (Guangdong) Pilot Free Trade Zone" (hereinafter referred to as the "Administrative Measures") 19 Released in Nansha, Guangzhou.
The "Administrative Measures" further enhance the facilitation level of cross-border investment and financing in Guangzhou.
On the same day, at the "China (Guangdong) Pilot Free Trade Zone Guangzhou Nansha New Area Qualified Foreign Limited Partner (QFLP) Domestic Investment Pilot Policy Conference and the First Plenary Meeting of the Joint Working Mechanism", the first batch of QFLP pilot application projects After the review, two fund managers in Nansha were approved for pilot projects with a quota of approximately RMB 4 billion, focusing on advanced manufacturing, artificial intelligence, new energy and other industries in the Guangdong-Hong Kong-Macao Greater Bay Area.
"This is an important measure to implement the state's support for the high-level opening up of cross-border trade and investment in the Guangzhou Nansha Free Trade Zone." The relevant person in charge of the Guangdong Branch of the State Administration of Foreign Exchange said that the "Administrative Measures" are not only conducive to Guangzhou's promotion of cross-border trade and investment The level of facilitation of overseas investment and financing and the construction of a high-level gateway hub for opening to the outside world are also conducive to Guangzhou’s active introduction and utilization of foreign capital.
The relevant person in charge of the Nansha Development Zone said at the press conference that there are currently 1,666 fund investment institutions settled in Nansha, with the total number of funds accounting for about 1/5 of the entire Guangzhou city, and the total registered capital of more than 441.4 billion yuan.
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