ANNOUNCEMENT 09 Jun 2017
June 9th, 2017 - The Provincial Government of China's Zhejiang province releases its local iteration of the State Council's Announcement No.5/2017, calling for more foreign investment in the region. Zhejiang promises tax breaks and increased ease of access to the market for foreign firms wishing to open businesses in the region, in particular, banks.
NUMBER OF INTERVENTIONS
Zhejiang Provincial Government, June 9th, 2017. (浙江省人民政府关于扩大对外开放积极利用外资的实施意见)
On the 9th of June 2017, the provincial government in Zhejiang announced its full support of the State Council's January push for more foreign investment. The government mentions it will be seeking financial firms and institutions to come to the region, in particular, foreign banks. Such firms will be eligible for: