Guangzhou, 6 Jun (Zhongxin Net) -- Zhang Jinsong, director of the Department of Commerce of Guangdong Province, said that since the establishment of the Guangdong Pilot Free Trade Zone, a total of 7,7 Hong Kong and Macao-funded enterprises have been set up, and the actual utilization of Hong Kong and Macao capital is 2.4 billion yuan, attracting more than 473% of the total Hong Kong and Macao capital in the province with an area of 77/<>,<> in the province.
Since its establishment eight years ago, the Guangdong Pilot Free Trade Zone has made breakthroughs in cooperation with Hong Kong and Macao. Zhang Jinsong said that the Guangdong Pilot Free Trade Zone closely focuses on building a major cooperation platform in the Guangdong-Hong Kong-Macao Greater Bay Area, expanding opening up in the fields of finance, legal services, tourism, construction and other service industries, landing the first Hong Kong-Macao-owned and controlled bank, securities and fund institution in the mainland, realizing innovative measures such as cross-border payment between Guangdong, Hong Kong and Macao, cross-border wealth management connect, cross-border car insurance and medical insurance, and cross-border housing mortgage, and facilitating people's livelihood exchanges between the three places.
At the same time, the Guangdong Pilot Free Trade Zone has set up 11 Hong Kong and Macao-funded travel agencies and 14 Guangdong-Hong Kong-Macao joint venture law firms, built the first wholly Macao-owned medical institution in the mainland, registered 55 Hong Kong engineering construction consulting enterprises and 253 professionals, more than 1000,1442 Macao professionals in architecture, design, tourism and medical care have obtained cross-border practice qualifications in Hengqin, and the Hong Kong and Macao Youth Innovation and Entrepreneurship Base has incubated a total of <>,<> entrepreneurial teams.
Zhang Jinsong said that the Guangdong Pilot Free Trade Zone is benchmarked against the international advanced free trade zone and created an efficient and convenient customs clearance system. In the past three years, the total import and export volume of the Guangdong Pilot Free Trade Zone has continuously exceeded 2000 billion yuan, 3000 billion yuan and 5000 billion yuan, with an average annual growth rate of more than 25%. In 2022, the container throughput exceeded 3200 million TEUs, and the cargo throughput was nearly 5 million tons, accounting for 45.4% and 24.4% of the province, respectively.
In addition, based on building a demonstration window for the opening up of the financial industry, the Guangdong Pilot Free Trade Zone has taken the lead in carrying out investment and financing reform pilots such as cross-border capital pools, cross-border asset transfers, cross-border investment of equity investment funds, and high-level opening up of cross-border trade and investment, and established a free trade (FT) account system. By 2022, a total of 5,5 new financial institutions will be added, including 245 licensed financial institutions, and the cumulative amount of FT account capital business will exceed 2 trillion yuan. (End)