FINANCE

China Announces Further Financial Support for Hainan’s Reform and Opening Up

23 April 2021

On 30 March, the People’s Bank of China, the China Banking and Insurance Regulatory Commission, the China Securities Regulatory Commission and the State Administration of Foreign Exchange jointly released a plan outlining financial support for the comprehensive deepening of reform and opening up in Hainan. More

hktdc research

China, Hong Kong and Macao Sign MOU on Wealth Management Connect

09 February 2021

The Hong Kong Monetary Authority announced on 5 February the signing of the Memorandum of Understanding (MOU) on the Launch of the Cross-Boundary Wealth Management Connect Pilot Scheme in the Guangdong-Hong Kong-Macao Greater Bay Area to ensure effective operation and controllable risk factors in undertaking Wealth Management Connect trials in the Greater Bay Area. More

hktdc research

Guangzhou Passes Action Plan for Implementation of Financial Measures for the Greater Bay Area

09 September 2020

The Guangzhou city government executive meeting chaired by Mayor Wen Guohui on 2 September passed an action plan for implementation of financial measures to support the development of the Greater Bay Area. More

hktdc research

Guangdong Supports Development of Financial Sector in the Greater Bay Area

14 August 2020

The Guangdong Financial Supervisory Authority recently issued a joint circular in conjunction with the departments concerned (Yue Jin Jian No. 51 [2020]) on the plan for the implementation of opinions on support of the development of the financial sector in the Guangdong-Hong Kong-Macao Greater Bay Area (GBA). More

hktdc research

Hong Kong: Delivering Industry 4.0 to the GBA

13 August 2020

Hong Kong, as an international business hub for the GBA, is home to a full range of financial and professional services providers, offering strong support for the development of industrial electronics enterprises. According to Lai Yiu Wah, Chairman of Trio Industrial Electronics Group Limited, locating the operation centre of his company in Hong Kong gives him access to the free flow of information, a deep pool of talent, and strong financial reserves. More

hktdc research

Greater Financial Support Given to Stabilise Foreign Trade and Investment

03 August 2020

In order to give full scope to the positive role of financial institutions in stabilising foreign trade and investment and in stimulating consumption, the Ministry of Commerce has furthered its collaboration with eight financial institutions, including the China Development Bank and the Export-Import Bank of China, through the signing of various co-operation agreements and memoranda of understanding. More

Market Opportunities

Debut Greater Bay Area Index points to optimism

24 July 2020

Standard Chartered and the Hong Kong Trade Development Council (HKTDC) have released the inaugural Standard Chartered GBA Business Confidence Index, the first forward-looking quarterly survey in the market that looks at business sentiment and synergistic effects across cities and industries in the Guangdong-Hong Kong-Macao Greater Bay Area. More

hktdc research

China Development Bank Pledges Financial Support to Greater Bay Area

29 May 2020

The China Development Bank has pledged to provide RMB360 billion of financing support to the development of the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) in 2020. More

hktdc research

China Issues Guidance on Financial Support for Greater Bay Area

26 May 2020

The People’s Bank of China, the China Banking and Insurance Regulatory Commission, the China Securities Regulatory Commission and the State Administration of Foreign Exchange recently issued guidance on supporting the development of the Greater Bay Area (GBA) through financial sector opening-up (Yin Fa No. 95 [2020]), in line with the Outline Development Plan for the Guangdong-Hong Kong-Macao Greater Bay Area. More

hktdc research

China Further Opens Up Financial Sector

28 April 2020

According to a Xinhua News Agency report, the Central Committee of the Communist Party of China and the State Council issued, on 30 March 2020, a document setting out guidelines for improving market systems and mechanisms. More

Page of 6