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Zhuhai Releases 2025 Guangdong-Hong Kong Joint Innovation Project Guidelines on August 19 The program offers funding of up to 1 million yuan, with online applications accepted from August 20 to September 20.

Hong Kong Holds Inauguration Ceremony for 15 National Key Laboratories Today (25th) at Government Headquarters Each laboratory will receive an annual funding of HKD 20 million from the SAR government, demonstrating the nation's strong recognition of Hong Kong's scientific research capabilities and supporting its development as a hub for gathering international high-end talent.

Guangdong Releases "Implementation Rules for AI and Robotics Industry Innovation Development Fund Management" The policy focuses on core technology breakthroughs, industrialization, and application demonstrations in AI and robotics, providing fiscal awards covering up to 30% of project investment, with a maximum subsidy of 30 million yuan per project.

Hengqin-Guangdong-Macao Deep Cooperation Zone Releases "Support Measures for Promoting Financing Development of Small, Micro and Medium Enterprises"

Financial Secretary Paul Chan stated at the August 21 opening ceremony of the "Belt and Road Software Expo (Hong Kong) 2025" that Hong Kong's startup count has grown to 4,700, marking a 40% increase over three years, with 30% founded by overseas talent. In the first half of this year, mainland China's technology investment in Belt and Road countries reached US$23 billion, doubling from the same period last year, reinforcing Hong Kong's role as a "super connector."

Hong Kong businesses expanding into mainland China's e-commerce market are finding that consumers place high importance on the following aspects: functionality and price for consumer electronics, quality and durability for sportswear, texture and ingredient quality for cosmetics, exclusive design for luxury goods, and safety traceability for fresh food.

On August 2, the State Administration for Market Regulation (SAMR) issued the "Compliance Guidelines for Fee Practices on Online Trading Platforms," requiring platforms to publicly disclose all charges, reduce the burden on small and medium-sized merchants, waive commissions during disasters, and conduct a seven-day public consultation before implementing any rule changes.

Zhuhai has launched the "2025 Zhuhai Implementation Guidelines for Fiscal Subsidy Applications under the Guangdong-Hong Kong-Macao Greater Bay Area Individual Income Tax Incentive Policy". Eligible overseas high-end talents may claim rebates for the portion of their 2023-2024 individual income tax exceeding 15%, with a maximum subsidy cap of 5 million yuan. The application deadline is September 30.

Guangzhou Nanzhuo Data leverages Hong Kong's international advantages to establish presence at Cyberport, expands into Southeast Asia's AI computing market through HKTDC's T-box platform, and secures patents with ESG awards.

On August 19, the General Office of the Guangdong Provincial Government officially released the "Several Policy Measures for Promoting High-Quality Development of Commercial Aerospace in Guangdong Province (2025-2028)". The policy document covers 21 specific measures across seven major areas, targeting core segments such as satellite constellations and rocket development, with explicit provisions for annual subsidies of up to 10 million yuan per enterprise.

The Department of Industry and Information Technology of Guangdong Province, in conjunction with the Provincial Department of Finance, has jointly issued the "Implementation Rules for Fund Management in Support of Artificial Intelligence and Robotics Industry Innovation Development." The policy proposes fiscal fund support for key projects, with a maximum award of 50 million yuan per project. These Implementation Rules will take effect on September 1, 2025, and remain valid until the end of 2027

Hong Kong SAR Government's Labour and Welfare Bureau announced the renewal statistics for the Top Talent Pass Scheme ("TTPS") visas. As of July 31, the first batch of 13,678 TTPS participants had reached their stay expiration date, with a renewal application rate of about 54%. More than half (53%) of the approved renewals were granted to talents aged 40 or below.

The London Metal Exchange (LME) Hong Kong Delivery Warehouse was inaugurated on August 19. Hong Kong SAR Government Financial Secretary Paul Chan stated that Hong Kong's integration into LME's delivery network marks a significant step in building a commodity trading ecosystem. The SAR government has established a dedicated task force to review all aspects related to gold trading, with relevant proposals to be announced within this year to advance Hong Kong's development as an international gold

Hong Kong Exchanges and Clearing (HKEX) CEO Bonnie Y Chan revealed on August 20 that the exchange is studying the possibility of extending trading hours, including assessing the feasibility of implementing a "24-hour trading mechanism." HKEX's technical system will be capable of supporting a T+1 settlement cycle by the end of this year, but the market implementation of T+1 settlement requires consultation with multiple market participants.

China's market and industry regulators on July 9 unveiled a 2025-2030 action plan to boost metrology support for developing new quality productive forces. Focusing on key sectors like AI and new energy, the plan promotes metrology-tech integration and critical measurement breakthroughs to drive industrial upgrading.