11/09/2023 Source: newsgd.com
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"Qianhai is now equipped with more infrastructures and supporting facilities," Catherine Tsang, Shenzhen Qianhai office lead partner of PwC China, told GDToday. "Eligible professionals are exempted from paying the portion of personal income tax that exceeds 15% of their taxable income, and corporate income tax rates will be lowered to 15% for eligible," she said as she stressed that the double 15% income tax relief brought convenience to businesses and individuals in many ways.
In 2007, Catherine Tsang was appointed by PwC China to work in Shenzhen from the Hong Kong base. After 16 years, she has grown to become the lead partner in the Shenzhen Qianhai office.
She could still remember that Qianhai used to be a large stretch of mudflat, and their offices were made out of shipping containers. Over the years, she has witnessed the rise of an array of skyscrapers and landmark commercial buildings, and she thought Qianhai had now become a transportation hub. In the very beginning, she needed to take four hours to travel from the Hong Kong-based office in central Hong Kong to the one in Qianhai, but now it only takes 45 minutes.
Since the plan for comprehensively deepening the reform and opening up of the Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone was issued two years ago, this region has been expanded to eight times than the original, with an international airport, port terminals, bonded zones and manufacturing factories.
"I believe I will have brighter prospects to work on such an excellent platform," she said. She also praised Qianhai as the closest link between Shenzhen and Hong Kong, believing that Qianhai could absolutely help better integrate these two cities.
Producer | Zhao Yang, Hu Nianfei
Executive producers | Xie Miaofeng
Chief planner | Cao Aiai, Hu Nan, Yin Juewen, Wang Yongxing
Reporter | Zhang Jin, Jiang Chang, Ye Zhen
Video | Ou Xiaoming, Xu Xiaoxin, Guan Jieming
Poster | Huo Weilu
Editor |Ouyang Yan, Chen Jinxia, James