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Guangzhou center a boon for young entrepreneurs from HK and Macao

Guangzhou center a boon for young entrepreneurs from HK and Macao By QIU QUANLIN in Guangzhou | China Daily | Updated: 2021-01-07 14:45 Share [Photo/IC] An innovation and entrepreneurship service center for young people from Hong Kong and Macao was launched on Wednesday in Guangzhou, capital of Guangdong province. People from Hong Kong and Macao below the age of 44 who start businesses at the Guangzhou Hong Kong-Macao Youth Innovation and Entrepreneurship Service Center will not be charged rent for the first two years. The service center will help greatly reduce financial burdens for young people from the two regions who bring projects and start their businesses on the mainland, said Li Rongxin, director of the Guangzhou Youth Employment and Entrepreneurship Service Center, which also runs the center for Hong Kong and Macao youth.

Report: China s digital economy competitiveness 3rd in world

China took the third place globally in terms of digital economy competitiveness in 2019, following the US and Singapore. South Korea, UK, Japan, Finland, Sweden, Australia and the Netherlands ranked forth to tenth, respectively, according to an annual report by the Shanghai Academy of Social Science released on Tuesday.

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