Nansha hosts financial development conference

Nansha district held a special policy briefing on the Nansha 30 Financial Measures and a conference on financial openness and innovation development on Aug 13, thoroughly explaining policy implementation measures to facilitate investment attraction and talent recruitment.

The Nansha 30 Financial Measures were released on May 13 this year, proposing 30 initiatives across six key areas, including financial support for innovation and entrepreneurship, interconnectivity of financial markets in the Guangdong-Hong Kong-Macao Greater Bay Area, and cross-border financial innovation. The policy aims to establish Nansha as a demonstration window for financial sector openness and a key international financial hub.

Nansha district. [Photo/WeChat account: gz_nanshafabu]

Nansha's financial sector has grown rapidly in recent years. In 2024, the added value of the financial industry accounted for 10.8 percent of its GDP. The district has attracted major platforms such as the Guangzhou Futures Exchange and secured the 200 billion yuan ($27.82 billion) Guangzhou Industrial Investment Venture Capital Fund of Funds. It has also solidified its position as the nation's third-largest aircraft leasing hub.

The conference unveiled the policy's implementation plan, introduced construction blueprints for the financial hub, and launched supportive initiatives like the "Kunpeng Plan" for enterprise listing cultivation to deepen collaboration between financial institutions and businesses.

With the policy's implementation, Nansha will further strengthen financial support for the real economy and enhance financial cooperation within the Greater Bay Area.