The total area of the cooperation zone will be expanded to 120.56 square km from 14.92 square km, said the new development plan.
The new blueprint was formulated to help Qianhai better play an exemplary and leading role in the development of the Guangdong-Hong Kong-Macao Greater Bay Area, said the plan.
By 2035, Qianhai will boast world class business environment, and will become an engine for high-quality development with strong capability in global resource allocation, breeding innovation and leading coordinated development, according to goals laid out in the new development plan.
Financial opening up
The plans also touched on financial opening up in the zone. China voiced support for qualified financial institutions in conducting cross-border securities investment and other businesses in the zone.
It also voiced support for the launch of a pilot program that combines domestic and foreign currency bank accounts; and for the Qianhai Mercantile Exchange to carry out commodity spot trading.