AIMS Financial Group became the first Australian company admitted by the Chinese government to Qianhai, a special economic zone situated in Shenzhen, near Hong Kong. China seeks to develop the Qianhai special zone, a 15-square-kilometer (5.8-square-mile) area on Shenzhen’s west side, into a financial services hub. Other international organisations in participation included ICBC, China Development Bank, Bank of China and HSBC. AIMS is planning to build an Australian financial centre in Qianhai and five buildings – retail and commercial.
Joseph Law, Director of Business Development and Marketing for APX presented to the Australian delegation about AIMS and APX’s involvement in Qianhai. The delegation comprised of leaders from the financial services industry in Australia. There are also representatives from chamber of commerce in Australia, Hong Kong and Shenzhen and representatives from Authority of Qianhai Shenzhen-Hong Kong Modern Service and Hong Kong Trade Development Council.
Qianhai Shenzhen-Hong Kong Modern Services Cooperation Zone is a pioneering zone in the Pearl River Delta for modern service industry cooperation between Guangdong and Hong Kong, it aims to become an international modern service centre with first-class infrastructure by 2020. The plan will set and put in place pilot policies for services liberalisation, bringing unparalleled opportunities to services companies across sectors, particularly finance, logistics, legal, accounting, information and other professional services.