Silk Road Xi'an Qianhai Park takes shape

As of March 2, Qianhai Financial Holdings Northwest Headquarters, Century Securities Northwest Headquarters, Qianhai Futures Northwest Headquarters and Xi'an Qianhai Financial Information Supervision Service Platform had completed their industrial and commercial registration in Xi'an High-tech Industries Development Zone (XHTZ), according to XHTZ officials.

Officials said that the Xi'an Qianhai Financial Innovation Research Institute and Xi'an Qianhai Fund will also be established there in the near future.

The new residents will be located in the Silk Road (Xi'an) Qianhai Park. With a total investment of 2.5 billion yuan ($359 million), the park is a project which was signed by the XHTZ and Shenzhen Qianhai Financial Holdings in May 2019.

As the first batch of enterprises to settle in the Silk Road (Xi'an) Qianhai Park, the six residents, which are subsidiaries of Shenzhen Qianhai Financial Holdings, will bring with them a full-chain financial service platform to Xi'an and help optimize XHTZ's financial environment.

Officials said Qianhai Financial Holdings Northwest Headquarters will provide advice and consulting services for Silk Road (Xi'an) Qianhai Park, help its design industry promotion strategies and implement plans -- and will become the window for XHTZ to fully connect with the resources of the Guangdong-Hong Kong-Macao Greater Bay Area.

Century Securities Northwest Headquarters will be active in expanding the cross-border financing of enterprises, as well as pilot and promote innovative businesses in Northwest China.

According to the zone, Qianhai Futures Northwest Headquarters is aiming to be a leading company in Shaanxi futures industry, using local Xi'an and surrounding resources.

During the period of prevention and control of the novel coronavirus pneumonia epidemic, XHTZ had opened up green channels, simplified business processes and actively connected with corporate needs.

Through video meetings, the groundbreaking ceremony for the project was held on Feb 23.