Qianhai has been proved to be an attractive place for Fortune 500 companies. So far, companies such as Ingram Micro Limited and Schneider have offices in Qianhai, they are among the 144 Fortune 500 that have settled in the area.
This year, Qianhai Shekou Pilot Free Trade Zone focuses on developing industries such as innovative finance, modern logistics, technology service and creative culture. It attracts many well-known foreign companies, state-owned enterprises, Hong Kong-funded enterprises and leading Chinese private enterprises.
Besides, headquarters like Pingan Credit Card Center, Evergrande Financial Holding Group (Shenzhen) and China Resources Financial Investment also moved in the area.
To provide an ideal place for those enterprises to develop, Qianhai has carried out bold land related polices. This year, the use right of three lands were sold to financial institutions, Fortune 500 and their financial institutions, according to the Qianhai Authority.
In addition to the increased number of the Fortune 500, the number of licensed financial institutions in Qianhai has reached to 110.
According to the latest data, 83 companies have got QFLP with a registered capital of US$2 billion and 26 got QDIE with an accumulated overseas investment of about US$1 billion.
Many headquarters of insurance agencies such as Anbang Insurance, Qianhai Reinsurance has moved in, which indicates that the zone will be a new hub for the insurance headquarters.
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