Businesses facing red tape in the expanding Qianhai economic zone in Shenzhen will soon be able to complete some procedures at an office in Admiralty. Photo: Getty Images
Businesses facing red tape in the expanding Qianhai economic zone in Shenzhen will soon be able to complete some procedures at an office in Admiralty. Photo: Getty Images
Qianhai

Qianhai red tape: relief coming for Hong Kong businesses, but opening mainland Chinese bank accounts still a hassle

  • Opening a mainland bank account takes too long and requires trips across border, businesses complain
  • Shenzhen Qianhai Authority’s Admiralty office will offer some services to investors from next month

Topic |   Qianhai
Businesses facing red tape in the expanding Qianhai economic zone in Shenzhen will soon be able to complete some procedures at an office in Admiralty. Photo: Getty Images
Businesses facing red tape in the expanding Qianhai economic zone in Shenzhen will soon be able to complete some procedures at an office in Admiralty. Photo: Getty Images
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