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"Hong Kong Capital, Hong Kong Law" was extended from Qianhai, Shenzhen to two pilot cities, Shenzhen and Zhuhai
The Supreme People's Court of China issued a judicial interpretation, allowing Hong Kong-funded enterprises registered in Shenzhen and Zhuhai in the Guangdong-Hong Kong-Macao Greater Bay Area to choose Hong Kong law as the governing law of their contracts. It also recognizes the validity of arbitrat
Department of Justice the Government of the Hong Kong Special Administrative Region
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(In Chinese only)Nansha District in Guangzhou rolls out a package of policies to attract young innovators and entrepreneurs.
Nansha’s “Rising South” scheme gives job-seeking grads 15 free nights, 1–4k yuan monthly for 30 months, 1k yuan per hire to firms, and 60+ campus fairs with 20k posts.
bayarea.gov.hk
(In Chinese only)Shenzhen Publishes Implementation Plan for High-Quality Low-Altitude Infrastructure Development
Shenzhen unveiled its 2024-2026 low-altitude infrastructure plan on July 31, aiming to build a smart, integrated network of aviation facilities and digital systems.
Shenzhen Commercial Daily
Guidelines for the Arbitrator Panel of the Guangdong-Hong Kong-Macao Greater Bay Area Officially Issued
The Guangdong-Hong Kong-Macao legal authorities jointly launched the Greater Bay Area Arbitrators Panel Work Guidelines on July 30. Hong Kong's arbitrator nomination process began the same day, with applications due by August 29, 2025. Details are available on the DoJ website.
Hong Kong Economic and Trade Office in Guangdong
Hong Kong Issues Regulatory Guidelines for Stablecoin Issuers
Hong Kong’s Stablecoin Ordinance takes effect today. The HKMA recently issued regulatory guidelines and encouraged license applicants to apply by end-August, with approvals expected by early next year.
Guangdong Hong Kong Macao Greater Bay Area
(In Chinese only)Nansha rolls out incentives for foreign firms
Nansha offers incentives up to RMB 100 million to attract foreign investment, including funding rewards for actual FDI, multinational HQs, and production facility rentals.
Nanfang Daily
(In Chinese only)Guangzhou seeks to improve city's business environment
Guangzhou plans 30 business-friendly measures, featuring 100 AI/low-altitude economy demos and new tech-focused funds worth ¥30 billion.
People’s Government of Guangzhou Municipality
New measures boost consumption through financial support
China unveils 19 measures to enhance financial support for consumer spending, including expanded loans and business financing.
People’s Bank of China
New measures encourage reinvestment by foreign firms
China has introduced measures to encourage foreign-invested enterprises to reinvest domestically, including simplified approvals, easier foreign exchange use, financial support, and tax credits for profit reinvestment.
China Daily
(In Chinese only)Shenzhen sweetens tax incentives for Hong Kong residents
Shenzhen has extended preferential income tax policies for Hong Kong residents working in the Hetao and Qianhai cooperation zones until 2027. The policies exempt income exceeding Hong Kong tax rates and expand tax subsidies for talent in these areas.
Hetao Development Authority, Qianhai Authority
Streamlining and consolidation measures for the funding schemes under the Innovation and Technology Fund
The Innovation & Technology Commission announced on 28 July it will streamline and consolidate funding schemes under the Innovation and Technology Fund to sharpen focus on new industrialisation and productivity growth.
info.gov.hk
(In Chinese only)The industrial and information-technology sectors are advancing green and low-carbon standardization.
MIIT issued a green-standard plan targeting carbon footprint, green manufacturing and digital synergy to drive industrial decarbonization.
HKTDC Research
(In Chinese only)Guangdong unveils a work plan to boost the domestic economic circulation.
Guangdong issued a plan to boost domestic circulation by shifting exports to local sales, spurring consumption, investment and innovation.
HKTDC Research
(In Chinese only)Amendments to Hong Kong’s legislation on low-altitude economy development take effect today.
Hong Kong’s new drone rules take effect 18 July; guidance posted on CAD website.
HKCNA.com
(In Chinese only)The Greater Bay Area released its first-ever ad hoc arbitration service rules and supporting measures.
16 July: Nansha unveiled the GBA’s first ad-hoc arbitration rules and seven supporting measures.
Guangdong-Hong Kong-Macao Greater Bay Area Alliance
(In Chinese only)Dongguan has rolled out two consecutive policies spotlighting smart robotics.
Dongguan rolls out twin plans for ¥100 bn robotics cluster by 2027.
cnbayarea.org.cn
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