GOING OUT

Shanghai Unveils 14th Five-Year Plan and Long-Range Objectives

17 February 2021

On 27 January, the Shanghai Municipal People’s Congress adopted the 14th Five-Year Plan for National Economic and Social Development and the Outline Plan of the Long-Range Objectives Through the Year 2035. More

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China Promotes High-Quality Development of International Design Consulting Services

26 January 2021

Nineteen government departments, including the Ministry of Commerce, Ministry of Foreign Affairs and National Development and Reform Commission, recently issued a joint circular (Shang He Han No. 1 [2021]), calling for concerted efforts to boost the high-quality development of the Belt and Road Initiative and significantly increase the competitiveness of China’s design consulting business in the international market by 2035. More

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Greater Bay Area AI Technology Company Launches Business Overseas Via Hong Kong

10 February 2020

iFLYTEK, an AI products and services provider, is using Hong Kong’s international financial centre advantages in the areas of overseas investment and capital movements for international business. Given Hong Kong’s large pool of talent, it hopes to take advantage of Hong Kong’s achievements in scientific research to develop AI projects, through exchanges and cooperation with local universities and research institutions. More

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Hong Kong as the Major Service Platform for Greater Bay Area Enterprises to ‘Go Out’: 2019 GBA Survey Results

04 December 2019

Despite recent trade conflicts between China and the US, mainland enterprises in the Greater Bay Area continue to develop business in both advanced countries and Belt and Road markets. The survey results show that Hong Kong is an important service platform for such going out activities, with enormous opportunities for Hong Kong service providers to explore. More

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“Going Out” Tactically to Protect Company Interests

19 November 2019

As China’s foreign trade increasingly involve high value-added businesses, Mainland companies are suggested to make use of professional services to protect their corporate interests. They can also ride on Hong Kong’s financial and legal services to conduct valuation and investigation of their own rights, thereby increasing their readiness to embrace external challenges and explore opportunities to co-operate with foreign partners. More

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Good Corporate Governance Among Keys to Financing Opportunities

08 November 2019

Greater Bay Area companies have been actively ‘going out’ and do business in the international arena. Apart from mainland laws, the firms must also comply with the local laws of their business partners and international business practices. Hong Kong has a legal system in line with international practices and good corporate governance that help boost the confidence of investors and stakeholders. More

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Leveraging the “One Country, Two Systems” Advantage to Drive Greater Bay Area Development

01 November 2019

GBA companies are stepping up their efforts to develop overseas markets. They are gradually moving towards more complex, hi-tech and high value-added areas in their business. The Law Society of Hong Kong highlights that Hong Kong is the only city in China practising common law. Hence, it can help mainland businesses deal with foreign counterparts in common-law countries and territories and adapt to international business practices. More

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The GBA Intellectual Property Challenge: Facilitating Transformation Through Premium Services

23 October 2019

Greater Bay Area companies should devise appropriate IP strategies and have an integrated plan for technology development and IP registration/acquisition. They should also look out for related licensing opportunities and seek financing by using an effective platform. This way, they can convert the burden into a profitable business-development project. More

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Going Global Via Cross-Border Intellectual Property Services in Greater Bay Area

15 October 2019

Mainland firms in Greater Bay Area have been actively expanding their overseas business. But many are prone to getting embroiled in commercial deals that result in IPR or other disputes. With good IPR protection and legal service providers who comply with international business practice and are well-acquainted with the business culture of mainland firms, Hong Kong is a trusted service platform for mainland and foreign businesses. More

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Shanghai Firm Seeks Engineering Service Standards Connectivity to Belt and Road Markets Through Hong Kong

28 June 2019

The engineering industry in China is becoming more mature, with relevant logistics service providers also advancing constantly. Many firms are seeking overseas business opportunities, though the majority lacks relevant experience. To overcome this hurdle, some are hoping to gain international recognition by servicing construction projects in Hong Kong, in the expectation that this will help them explore overseas and Belt and Road markets. More

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