A selection of updates on the Greater Bay Area from the Hong Kong Trade Development Council

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GBA Updates

1/3/2023
 

In a bid to attract more foreign investment, Guangdong is offering financial inducements to companies willing to invest in the province. 

Construction of the Shenzhen-Hong Kong Innovation Industrial Park in Qianhai, underpinned by a total investment of Rmb7.31 billion, kicked off recently. 

Hong Kong and Dongguan have taken joint measures to reinforce sea-air intermodal cargo transhipments between the two territories, reducing operational costs and handling times. 

More medical institutions in mainland GBA cities are now able to use Hong Kong and Macao registered drugs and medical devices that are employed in public hospitals in the two SARs. 
More updates

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GBA Intelligence
 

Smart green fingers shape future 

Innovation, high-technology and green development are key themes in the 2023-24 Hong Kong budget, laying out guidelines for the city’s way forward. 

GBA Topics
 

Elephantine task for financiers 

Decarbonising Mainland China’s economy over the next 30 years will come with an estimated price tag of Rmb487 trillion (US$72 trillion), making transition finance the ultimate elephant in the living room. Financing such transitions was one of the key issues discussed at the Asian Financial Forum. 

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