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

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GBA Updates

29/3/2023
 

Mainland China’s Ministry of Science and Technology and the HKSAR Government have signed an agreement that will speed up Hong Kong’s development as a technology hub.

Guangdong has announced plans to launch a province-wide platform for attracting investment, with five mainland GBA cities involved in the trial.

Guangdong is implementing measures to free up large-scale equipment to be used by small and medium-sized enterprises (SMEs) for their scientific research and technology development.

Nansha of Guangzhou recently issued criteria for enterprises to qualify for a reduced corporate income tax rate of 15%.
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GBA Intelligence
 

Hong Kong Export Index rebounds sharply

The sharp rise in business activity after the Hong Kong-Mainland China borders reopened has brightened exporter sentiment in Hong Kong and moved the mainland economy into top spot for trade prospects, a quarterly survey by HKTDC Research shows.

GBA Topics
 

APAC forms economic powerhouse

China’s active promotion of multilateralism has contributed to its own economic transformation and given impetus to economic development in the Asia-Pacific region. Dr Levin Wang, Chief Executive Officer of Huatai Financial Holdings (Hong Kong) Limited, discusses regional economic integration at the Asian Financial Forum.

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