The Future of Foreign Investment in Shenzhen's Financial Sectors - Eric Liu, Zhao Sheng

China Law Podcast

This week, the southern major city of Shenzhen in China’s Guangdong province celebrated the 40th anniversary of the establishment of the Shenzhen special economic zone, China’s first. Eric Liu discusses Shenzhen’s new five year development plan; loosening of rules surrounding foreign exchange and remittances; imminent stock market reforms, and more.

Eric Liu is Managing Partner of Zhao Sheng Law Firm based in Beijing and Shanghai, where it is in a joint operation with global law firm Linklaters. Eric’s work focuses on cross border M&A and joint ventures, in particular the financial markets and insurance sectors.

The China Law Podcast is a weekly podcast exploring China’s business and financial sectors from a legal perspective, hosted by Vincent Chow. Get in touch at [e-mail] with any feedback and ideas for future episodes.

Episode outline

• 03:10 RMB internationalization through Wealth Management and Insurance connects
• 07:18 Restrictions on mainland equity investment with forex reserves
• 09:47 Chinese depository receipts allowing domestic investors access to overseas-listed companies
• 12:38 Shenzhen and Hong Kong's respective strengths
• 15:02 Expanding permitted scope to attract more foreign investment into Shenzhen
• 17:54 Insurance connect as major investment opportunity

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