Greater Bay Area Focus

The Greater Bay Area (GBA) – a region in Southern China that comprises two Special Administrative Regions and nine municipalities in Guangdong Province covering a total area of 56,000 kmwith approx. 70 million population and an aggregate GDP of US$1.5 trillion at the end of 2017 – is an initiative that have great significance in China’s development blueprint.

The GBA blueprint was revealed in February 2019 details the concepts of how to transform the eleven cities into a global economic powerhouse. The blueprint touches upon encouraging governments in Hong Kong, Macao and Guangdong to strengthen communication and cooperation with each other, and promoting the idea of cross-border collaboration. Hong Kong, Macao, Shenzhen and Guangzhou would be the key cities and core engines in GBA to lead regional development and reform as well as the driving forces for innovation.

The Greater Bay Area consists of the two Special Administrative Regions of Hong Kong and Macao, and the nine municipalities of Guangzhou, Shenzhen, Zhuhai, Foshan, Huizhou, Dongguan, Zhongshan, Jiangmen and Zhaoqing in Guangdong Province.

For the past years, CW Group has been cultivating good relationship with government entities in Hong Kong, Shenzhen, Guangzhou and Zhuhai as well as collaborating with foreign chambers and working closely with our strategic partners in the GBA. We have developed a strong GBA presence with our headquarter in Hong Kong and our China offices strategically located in Shenzhen and Guangzhou.

As your trusted advisor, CW can assist your enterprise or business to set foot in the GBA via Hong Kong as a gateway to the Chinese market and conversely help Chinese companies in the GBA to go global with our extensive Mainland and International network. Our China Consultancy Team (CCT), a team of multinational, multilingual and experienced professionals with accounting advisory and consulting capability, offers practical insights to help our clients make better judgement with their investment and expansion plan. With the ever-changing and complicated regulatory environment in China, our strategic partnership with Z&T Law Firm in Guangzhou provides legal consultancy services such as IP consultation, drafting business contracts, labor relations management and more. All in all, CW brings a one-stop solution to our clients and foreign enterprises planning to capture the tremendous opportunities introduced by the GBA Initiative.

Our China Consultancy Team (CCT) services include:

  • Corporate strategy and entry models into China;
  • Cash flow analysis on start-ups;
  • Restructure of operational model;
  • FIE (Foreign-Invested Enterprise);
  • Consultancy of legal compliance; – partner with Z&T Law Firm
  • Trademark registration;
  • Due diligence investigation in M&A projects;
  • Preparation of legal documents;
  • Implementation of accounting system.

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Experts:

Delilah Li

Delilah Li

delilah.li@cwhkcpa.com

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Phenix Zheng

Phenix Zheng

phenix.zheng@cwhkcpa.com

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