The Implementation Plan of Shenzhen Socialism with Chinese characteristics Comprehensive Reform Experimental Demonstration Zone (2020-2025) points out that it is necessary to improve the high-level open economic system, give full play to the role of Shenzhen Qianhai Shekou District in China (Guangdong) Pilot Free Trade Zone in comprehensively deepening reform and expanding the open experimental field, and form more institutional innovations that can be replicated and popularized.

Guangdong Free Trade Zone covers Guangzhou Nansha New Area (Guangzhou Nansha Free Trade Zone), Shenzhen Qianhai Shekou Area (Shenzhen Shekou Free Trade Zone) and Zhuhai Hengqin New Area (Zhuhai Hengqin Free Trade Zone).

Detailed introduction of the scheme:

The "proposal" pointed out that it is necessary to increase the openness of the system. Support the convergence of rules and deepen Guangdong-Hong Kong-Macao Greater Bay Area's cooperation and development. Give full play to the role of Shenzhen Qianhai Shekou Area in China (Guangdong) Pilot Free Trade Zone in comprehensively deepening reform and expanding open experimental fields, and form more institutional innovations that can be replicated and promoted. Strengthen business guidance on major and difficult foreign-related commercial cases. Support the improvement of cross-border cooperation mechanisms in the field of rule of law and improve international legal services and dispute settlement mechanisms.

The "Program" requires that the financial industry and the shipping industry be open to the outside world. Support qualified Shenzhen enterprises for overseas listing and financing. Pilot cross-border fund pool business in local and foreign currencies. Support Shenzhen to take the lead in promoting the internationalization of RMB and improve the foreign exchange management system.

Support qualified foreign financial institutions to initiate the establishment of securities companies and fund management companies in Shenzhen according to law. Support qualified foreign-funded institutions to obtain payment business licenses in Shenzhen according to laws and regulations. Promote the construction of a financial rules system that is in line with international standards. Explore and improve the international ship registration system. Give Shenzhen international sailing ships the right to license bonded refueling and further liberalize the bonded fuel oil supply market.

Refer to the above? China Government Network-Comprehensive Reform Pilot of Shenzhen Construction Socialism with Chinese characteristics Experimental Demonstration Zone.