17 November 2024
On 17 November 2024, the People’s Government of Longhua District of Shenzhen Municipality (“the authorities”) issued the “Notice of Issuing “Several Measures for Promoting the High-quality Development of Chamber of Commerce Services in Shenzhen Municipal Longhua District”” (“the Measures”). The Measures announced that Chamber of Commerce, registered in accordance with the law of national, provincial, and municipal authorities and aligned with the industrial development of the district, with at least one year of actual operation in the jurisdiction, shall be provided with one-off financial support not exceeding RMB 500,000, RMB 300,000 and RMB 200,000 respectively. These Measures shall be effective from 16 December 2024 and valid for 3 years.