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Guangdong high tech service zone attracts foreign institutions

About thirty representatives from Consulates and foreign financial institutions in Guangdong visited Guangdong high tech service zone for financial institutions in Foshan, where they are attracted by the commercial infrastructure, low costs, talent resources and preferential policies.


Many of the officials have expressed their great interests in this zone.


"Im very confident about business environment here, as it has diversified financial service and rich human resources," said Swiss Consul General in Guangzhou, Werner E. Nievergelt.


"Im glad to introduce this financial high tech zone to banks and other financial institutions in our country", said Francois Rivest, Consul General for Canada in Guangzhou.


Fu Lang, Director-General of Guangdong Foreign Affairs Office introduced that, "In accordance with the integration of the Pearl River Delta, the financial high tech zone will promote the development of financial institutions in Guangdong, and propel the cooperation of China and other countries especially ASEAN countries. And it provides a wider stage for financial institutions to innovate and develop."


Up to 20 million RMB awards are provided for the financial institutions that set up or relocated their regional headquarter to the Zone, and awards will be given to institutions or individuals who make a significant contribution to attract investment to the zone.


Moreover, proportional bonus will be given to high talent and subsidies will be given to management on purchases of commodities, housing and vehicles.


At present, the financial high tech zone has attracted over 10 projects with 6 billion RMB investment, including AIA financial center, PICC Southern information Center, China Merchants Bank back offices, Financial BPO center, etc.


Editor: Olivia


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