HK-based deputies, political advisors to focus on economic integration at two sessions
Wang Cong Published: Feb 28, 2021 09:03 PM
First Batch of COVID-19 mRNA Vaccine in Hong Kong and Macau
With many Hong Kong-based deputies to the national legislature and members of the top political advisory body set to attend the upcoming two sessions in Beijing, they are bringing a flurry of proposals and suggestions focused on further boosting economic integration between the Chinese mainland and Hong Kong through development in the Guangdong-Hong Kong-Macao Greater Bay Area.
The emphasis on economic issues at the most important annual political event underscores the progress the Hong Kong Special Administrative Region (HKSAR) has made in restoring political and social stability following the unrest over a year ago, as well as pressing economic challenges as the city battles several severe waves of the COVID-19 pandemic and sanctions imposed by the US, analysts said. Further integration wi
SOURCE / ECONOMY
Shares hammered by city s proposed hike in transaction tax By GT staff reporters Published: Feb 24, 2021 08:28 PM
HKEX File Photo
Hong Kong Exchanges and Clearing (HKEX), the operator of Hong Kong s stock exchange, on Wednesday revealed record earnings for 2020, in the latest sign of the city s resilience as a global financial hub despite the complicated global environment.
However, the stellar data failed to underpin the shares of HKEX, as an unexpected announcement of a local government plan for a 30-percent increase in the city s stamp duty on stocks trading hammered the market. Industry observers have mixed views on the repercussions of the proposed tax hike.
Fast underground train rolls into Guangzhou By ZHENG CAIXIONG in Guangzhou | China Daily | Updated: 2021-02-22 08:48 Share CLOSE A subway train is hoisted onto a sidetrack in Guangzhou, Guangdong province, on Saturday. The train, the first to operate on the city s lines 18 and 22, will run at up to 160 kilometers per hour. The lines are expected to begin operating in June. [Photo/Xinhua]
An underground train that will reach speeds of more than 160 kilometers an hour was transported to a depot in Nansha district of Guangzhou, capital of Guangdong province, on Sunday.
The train, manufactured by CRRC Zhuzhou Locomotive based in Zhuzhou, Hunan province, was delivered as the depot became ready to host trains.
Hong Kong young man chasing dream in Guangdong China Daily | Updated: 2021-02-20 10:17 Share CLOSE
HONG KONG－Born and raised in Hong Kong, Steven Chan is chasing his dream in Chinese mainland cities of the Guangdong-Hong Kong-Macao Greater Bay Area.
Attracted by the opportunities in the Greater Bay Area, Chan moved to Guangdong province in 2015 and has since then worked in the financial sector there. Chan, in his 30s, described settling down in mainland cities as an inevitable decision for an ambitious young man like him.
While Hong Kong has a comparatively simple industrial structure, the Greater Bay Area as a whole owns more complete industrial chains and vibrant markets, as well as enormous demand for financial services, which offers professionals a much broader arena to realize their aspirations, Chan said.
Guangzhou sets eyes on role of TV, film center for Bay Area By LI WENFANG in Guangzhou | CHINA DAILY | Updated: 2021-02-19 09:26 Share Cinema visitors check in with their cellphones in Guangzhou on July 20, 2020. [Photo/Xinhua]
Guangzhou city authorities are inviting more major film and TV companies to set up headquarters for the Guangdong-Hong Kong-Macao Greater Bay Area.
The city will start hosting the annual Bay Area Golden Rooster film exhibition in the first half of this year, Zhu Xiaoyi, deputy head of the Publicity Department of the Communist Party of China Guangzhou Committee, said at a news conference in Guangzhou on Thursday. The Golden Roosters are one of the China s top film awards.