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Category: Market Focus

guangzhou city
Greater Bay Area

Guangzhou is Building A Wealth and Asset Management Center in the Guangdong–Hong Kong–Macao Greater Bay Area

On 8 June 2022, Guangzhou officially launched the construction of a Cross-border Wealth Management and  Asset Management Center in the Guangdong-Hong Kong-Macao Greater Bay Area with a ceremonial event held in Guangzhou. The ceremony marks the start of a new journey for Guangzhou to fully build a Greater Bay Area wealth management and asset management center. Earlier this year in April, the General Office of the Guangzhou Municipal Government issued the “Implementation Plan for the Construction of the Guangdong-Hong Kong-Macao

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Greater Bay Area

CW Promoting HK 2022-23 Budget in the Spanish and Portuguese-Speaking countries

On 25 March 2022, CW held a live streaming session highlighting the Hong Kong 2022-23 Budget for Latin American companies. Our colleagues Delilah Li (Senior Manager, Greater China), Victor Herrera (Latam Focus), and Kemelly Vera (Brazil Focus) hosted the live session. Below are the key takeaways from the Hong Kong 2022-23 Budget highlighted in our live session.  Tax Reduction To reduce profits tax for the year of assessment 2021/22 by 100 percent, subject to a ceiling of $10,000. Salaries tax

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bird's-eye view photography of city buildings
Greater Bay Area

Hong Kong Budget for Fiscal Year 2022-23 During a Critical Time

On 23 February 2022, Hong Kong’s Financial Secretary, the Hon Paul MP Chan, delivered the 2022-23 Budget Speech. Mr. Chan expects Hong Kong to have a surplus of HK$18.9 billion for 2021-2022 and a deficit of HK$56.3 billion for 2022-23, but the fiscal reserves will gradually rebound to over HK$1 trillion from 2023-24 to 2026-27. With the impacts of the recent worsening of the COVID-19 pandemic, the 2022-23 budget is focused on relieving people’s hardship, supporting enterprises, development industries, and

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people sitting down near table with assorted laptop computers
Hong Kong

Digitalization Tools and Trends to Facilitate your Hong Kong Business

Despite the latest waves of the coronavirus pandemic and the tightened quarantine measures, Hong Kong’s economy showed signs of recovery in 2021, with an estimated annual GDP growth rate of 6.4%. The notably positive performance was attributed to the city’s robust export performance and improved private consumption. Although uncertainties remain as we enter the Chinese New Year of the Tiger, companies in Hong Kong must find different ways to stay financially and operationally on track. Fortunately, emerging technologies are rapidly

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Hong Kong- 16 October 2018: Shenzhen Bay Bridge
Greater Bay Area

How Hong Kong Keeps Pace with the Development of Greater Bay Area

In recent years, regional economic integration has accelerated, resulting in a new form of competition among countries and territories. A notable example is China’s Guangdong-Hong Kong-Macao Greater Bay Area (“GBA”), wildly regarded as the next world-class metropolitan cluster to compete against other renowned bay areas. The GBA has been an integral part of Mainland China’s continued “opening up” strategy to the world. Together with Macao, Guangzhou and Shenzhen, Hong Kong is considered a core city in the Outline Development Plan

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Hong Kong FinTech Week – Opportunities for Brazilian companies

The Hong Kong FinTech Week is an event focused on providing a platform for participants across the globe to share their innovations, organized by the Hong Kong Monetary Authority and InvestHK. Thiago Cruz Silveira, Principal Consultant of InvestHK in Brazil, has provided us with exciting comments and numbers concerning the event: The latest results of HK Fintech Week and over 25 satellite events throughout the week are nothing but impressive. – No. of attendees (physical + virtual): Over 20,000 from

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Chinese Chamber of Commerce of Brazil held the 130th Canton Fair promotion event in Brazil

The China Import and Export Fair, also known as the Canton Fair, started in 1957, is held biannually in Guangzhou, China. The event is organized by the China Foreign Trade Center, sponsored by the Ministry of Commerce of the PRC and the People’s Government of Guangdong Province. It is also China’s leading commercial promotion platform and directly connects domestic and international markets. The Fair is an extensive international trade event, with a wide variety of products, participation of buyers from various countries, and

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CW sponsored the Economic Summit and Welcome Dinner of AHK Guangzhou

CW was honored to sponsor and attend the Economic Summit and Welcome Dinner arranged by the German Chamber of Commerce | South and Southwest on 30 August 2021. The event focused on the economic sector, risk management and remote control, cross-border liquidity issues, and other hot topics involved in doing business in South China, aiming to bring practical and valuable information to the corporate members. A Welcome Dinner followed for the new Consul General of the Federal Republic of Germany

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CW at 5th HR Summit of German Chamber South China

  Human Resources prove to be crucial to companies of all sizes, especially in these challenging times. CW understands the importance of proper human resource management and is honored to be a gold sponsor of the 5th HR Summit of the German Chamber of Commerce in China | South & Southwest. The Summit invited over 60 human resource professionals and corporate representatives from 30 companies, including CW, allowing them to obtain a better insight into the human resources management field.

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E-commerce in Hong Kong – a window for Mexico into China

[column width=”1/1″ last=”true” title=”” title_type=”single” animation=”none” implicit=”true”] CW was delighted to join the Mexican Chamber of Commerce in Hong Kong (MexCham HK) and the Hong Kong Trade Development Council (HKTDC) on 30 June to share the evolution of e-commerce in Hong Kong, bringing opportunities for Mexican producers to explore the Chinese market through Hong Kong online platforms. At the event, the president of MexCham HK, Ms. Susana Munoz, welcomed the audience on behalf of the chamber, followed by Miss. Charlotte Man,

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