In a bid to further solidify its financial sector's advantages and promote the agglomeration and innovative development of financial institutions, Luohu has introduced a comprehensive new financial policy package. This updated package optimizes the "Measures to Support the High-Quality Development of the Financial Industry in Luohu District, Shenzhen."
The measures document comprise a total of sixteen articles, broadening and enhancing the quality of support for target beneficiaries. Newly included are non-bank payment institutions and marine insurance centers, all of which will see significantly increased support. For instance, financial institutions can receive up to 100 million yuan in support for purchasing office properties, while licensed financial institutions establishing headquarters can obtain up to 50 million yuan.
The upgraded content features a "1+2+1" financial support policy system, which refers to one set of overall support measures for the financial industry, two specialized policies focusing on digital renminbi and wealth management, and one Hongling financial innovation demonstration project.
The revised policy exhibits four main characteristics: comprehensive support across all financial formats, full-cycle coverage to drive innovation, and shared results. This approach not only fosters a conducive environment for financial entities but also aligns with the broader objectives of financial innovation and inclusive growth. These features aim to create an inclusive and dynamic financial ecosystem in Luohu, fostering sustainable growth and development.