Shenzhen to introduce more commercial rules in newly planned development zone

Shenzhen is exploring a mechanism of introducing and transforming more international commercial rules in the Qianhai Special Zone, a recently released three-year action plan for of Qianhai's legislation development said.

The document said a plan to introduce more Hong Kong-type regulations is also being prepared in order to learn from the neighboring city's legislative experience in industrial development and social management.

The plan will also speed up seeking support from the National People's Congress, China's top legislative body, and the State Council to temporarily adjust or suspend the application of a list of national laws and administrative regulations in Qianhai.