The Qianhai Free Trade Zone Will Soon Be Listed As The Main Player In Financial Innovation And Rule Of Law.

Qianhai Shekou free trade zone is coming soon. According to the reporter's "sailing Qianhai" exchange meeting held recently, the Qianhai Free Trade Zone, apart from 15% corporate income tax concessions, also focuses on financial innovation and legal licensing. Currently, the amount of cross-border RMB loans has reached 82 billion 600 million yuan, and Hongkong's experience has been used to create a legal identification platform to provide cross-border enterprises litigation arbitration and other legal services for Qianhai enterprises.

Last week, the general plan of Guangdong, Tianjin and Fujian free trade pilot area was approved, which means that the new batch of FTA listing, including Shekou, Qianhai, officially entered the countdown.

Zhang Feng, deputy director of the investment promotion division of Guangdong, said that the FTA mainly emphasized cooperation between Guangdong, Hong Kong and Macao, and radiation to Southeast Asia. In particular, Qianhai should become the supply chain management center of the region.

The difference between Nansha and Hengqin in Qianhai and Guangdong free trade area is that Nansha will develop more shipping industry, Hengqin has biological medicine, tourism and other industries; Qianhai mainly develops modern service industry and financial industry cross border services.

And the old foundation of Shekou industrial zone.

More functions than services trade.

Among them, financial innovation is a major feature of Qianhai.

As of the end of January this year, the amount of Qianhai's cross-border RMB loans has reached 82 billion 600 million yuan. The first private internet bank Qianhai micro public bank also tried out in January 18th. It is expected that one line and three will also license more financial licences in Qianhai under the existing legal framework.

At the same time, as a unique rule of law special zone in China, Qianhai has learned from Hongkong's experience. Apart from the establishment of Qianhai courts, Guangdong and Hong Kong joint ventures and other institutions, the former sea blue sea legal service center has been set up.

The Blue Ocean Center provides services that are different from the traditional law firms. It pioneered the legal identification platform and used the rule of law in Hongkong as an advantage to provide cross border litigation arbitration and other legal services for Qianhai enterprises.

Xiao Jingyi, executive director of Qianhai blue ocean legal service center, said that in the two weeks since its establishment, the practice of laws in Brazil and Argentina has been successfully identified, for example, cross border enterprises need to know the legal differences between inside and outside the country, so as to facilitate better overseas business or overseas listing.

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The Shanghai municipal government announced on the evening of 30, from April 1st this year, Shanghai will raise a number of "people's livelihood standards", of which the minimum monthly wage of workers will be adjusted from the current 1820 yuan to 2020 yuan, the minimum wage from 17 yuan to 18 yuan.

This is the twenty-second time that Shanghai has raised the minimum wage.

When explaining the new minimum wage standard, the Shanghai Municipal Bureau of human resources and social affairs pointed out that the monthly minimum wage standard in Shanghai does not include the social insurance premium and housing accumulation fund paid by individual workers according to law, which should be paid separately by the employer.

Workers' overtime pay for extended working hours, middle class, night shift, high temperature, low temperature, toxic and harmful special working conditions and allowances are not part of the monthly minimum wage standard.

Reporters learned that since April 1st, the "people's livelihood standards" have been improved.

For example, the unemployment insurance premium has been adjusted. In the first 1-12 months, the third level of unemployment insurance premium increased by 190 yuan to 1255 yuan / month, 1310 yuan / month and 1360 yuan / month respectively. The unemployment insurance premium for the 13-24 months was 80% of the 1-12 month unemployment insurance standard, and the standard of the underpinning was determined according to the standard of "minimum living standard" in the city.

In addition, from April 1st onwards, the maximum payment limit of the 2015 Medicare annual medical insurance co ordinating fund increased from 360 thousand yuan to 390 thousand yuan, and the highest payment limit was still 80% from the local additional medical insurance fund.

Employment subsidies and industrial injury insurance standards have also been raised accordingly.