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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
( 11 Results )
(In Chinese only) Optimize the departure tax refund system and expand inbound consumption
The Chinese government has issued a notice through six relevant departments to streamline the departure tax refund policy and boost inbound consumption. This includes making domestic purchases over 200 CNY eligible for tax refunds upon departure.
China gov
Nationwide FTZ upgrading strategy to be implemented
The Central Government has drawn up a work plan for the systematic implementation of a strategy to upgrade Mainland China’s free trade zones (FTZs) over the next five years. The objectives are to enhance the competitiveness of the country’s foreign trade, to liberalise and facilitate investment, and
Xinhua
Nansha rolls out incentives for foreign-funded enterprises
Nansha District has unveiled three incentive and subsidy measures targeted at attracting foreign-funded enterprises. In addition to subsidising the rents of premises for production purposes, foreign-funded enterprises that meet a certain investment threshold and multinationals recognised as headquar
China Daily
Nansha builds support system for foreign trade firms
Seventeen measures have been issued by Nansha with the goal of promoting foreign trade development. The measures include offering rewards for foreign trade enterprises at different stages of development, constructing low-cost but efficient international logistics networks and increasing support for
GD Today
(In Chinese only) Opinions on Financial Support for Deepening Guangzhou Nansha's Comprehensive Cooperation with the World of Guangdong, Hong Kong, and Macao
Financial support for the cooperation of Guangzhou Nansha with Guangdong, Hong Kong, and Macao, promoting the development of the Greater Bay Area, enhancing financial service innovation, and facilitating high-quality development.
China gov
(In Chinese only)Guangzhou and Shenzhen roll out measures to boost service trade
Guangzhou and Shenzhen have introduced measures to support the development of the service trade in the two cities, particularly in respect to speeding up the development of digital trade. Shenzhen is offering financial incentives to enterprises engaged in service trade, while Guangzhou is promoting
(In Chinese only)GD Today, Commerce Bureau of Shenzhen Municipality; in Chinese only
Guangdong has implemented a special action to boost consumption
Guangdong Province has released the Implementation Plan for the Special Action to Boost Consumption. It implements actions such as employment and income increase, support and protection, and quality improvement of service consumption to promote consumption upgrading and drive high-quality economic d
HKTDC Research
(In Chinese only) People's Bank of China has issued the "Notice on Matters Related to the Establishment of Service Consumption and Elderly Care Re-lending"
The central bank has set up a special re-lending facility for service consumption and elderly care with a quota of 500 billion yuan, an interest rate of 1.5%, and a term of one year, which can be extended twice for up to three years. It supports the fields of service consumption and elderly care and
HKTDC Research
Guangdong to develop silver economy ecosystem
The Guangdong Province has released a plan to boost the silver economy and enhance elderly welfare by optimizing senior care services, advancing age-friendly renovations, and developing the senior products industry.
South
Guangdong’s cultural industries drive GBA collaboration
Guangdong’s new policy package of 87 measures targets film, gaming, and media sectors, aiming to enhance cultural industry quality, boost innovation, and maintain regional leadership.
South
(In Chinese only)Guangzhou has simplified the application conditions for operating Internet access services
Guangzhou Public Security Bureau announced the cancellation of pre-approval for internet service business premises' information network security, shifting to post-approval inspection and supervision, simplifying application conditions.
Guangzhou Municipal People's Government
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