Gold Prospect in Guangzhou: How to Enter the Financial Market

Guangzhou, the capital city of Guangdong province, is known for its thriving economy and active financial market. With a population of over 14 million and an ever-increasing number of opportunities, the city is attracting more and more businesses and individuals, including financial companies and experts. However, entering the city’s financial market comes with several restrictions and regulations that companies and individuals must comply with. In this article, we will explore the latest policies, requirements, and entry points for those interested in entering the Guangzhou financial market.

Guangzhou’s New Entry Policies

In 2023, Guangzhou introduced several changes to its entry policies, which are beneficial for people looking to settle or work in the city. For instance, the city has lowered the age requirements for various categories of professionals, including those with a university degree, a master’s degree, a Ph.D., or a mid-to-high level professional title. Additionally, Guangzhou has directly reduced the threshold for new graduates to enter the city, allowing them to bypass many of the previous complicated procedures.

Guangzhou’s Latest Entry Criteria

Guangzhou uses a points-based system to evaluate the eligibility of people who want to settle or work in the city. The city’s entry criteria are divided into several categories, including skilled workers, university graduates, professionals with advanced titles or certifications, and more. Below are some of the entry criteria for each category.

Skilled Workers

People with professional certificates or experience in specific industries can enter Guangzhou as skilled workers. The requirements for this category are:

1. Working in one of the industries listed in Guangzhou's technical skill directory.

2. Obtained a valid certificate or certification for the relevant industry.

3. Worked in Guangzhou for more than six months and paid social security (excluding special cases during the transition period).

University Graduates

For university graduates, Guangzhou requires the following:

1. No criminal record.

2. Under 40 years of age.

3. Graduated from a standard undergraduate program.

4. Have no less than one month of social security payment in Guangzhou.

Professionals with Advanced Titles or Certifications

Professionals with advanced titles or certifications have the following eligibility criteria:

1. For mid-level title (system integration certificate holder), under 40 years old, and have paid social security in Guangzhou for six months or more.

2. For senior-level title (information project management certificate holder), under 50 years old, and have paid social security in Guangzhou during the application period.

Conclusion

Entering the financial market in Guangzhou requires understanding the latest policies, regulations, and entry points for various categories. By complying with the city's entry criteria and understanding the specific industry standards, professionals and companies can easily gain entry into Guangzhou’s thriving financial market.