Shenzhen: support eligible fund management companies to establish private equity funds with overseas partners, raise funds in a non-public manner, and conduct investment activities domestically.

The People's Government of Shenzhen Municipality issued the "Measures for Further Enhancing the Attraction and Utilization of Foreign Investment in Shenzhen". The measures point out the need to expand channels for attracting foreign investment. Foreign-invested companies established in Shenzhen can enjoy treatment according to relevant regulations. It encourages foreign investors to invest in our city through mergers and acquisitions, cross-border RMB investment, equity investment, reinvestment of distributed profits, and other methods. It will further implement the pilot program for qualified foreign limited partners investing domestically, and promote the experience of the QFLP total management system. It also supports fund management companies meeting the conditions to set up private equity funds with overseas partners participating, raising funds in a non-public manner and conducting investment activities domestically.