While higher than Macao’s top salaries tax rate, the special rate for qualified professionals working in Hengqin is considerably lower than mainland China’s.
Greater Bay Area
Under a new scheme launched by the Guangdong authorities, locals are eligible to apply for thousands of official and semi-official positions.
James Chang of PricewaterhouseCoopers China praises the GBA’s infrastructural links but says “soft connections” are needed to create cultural coherence.
The political push for integration is leading to a greater number of official exchanges, with Hong Kong lawmakers the latest to head north on a fact-finding tour.
An array of agreements signed this week between provincial governor Wang Weizhong and Hong Kong’s John Lee brings GBA integration a step closer.
A project that offers subsidies to GBA companies taking on Hong Kong university leavers is to remain in operation after a two-year trial.
Zhuhai and Guangzhou ports are busily preparing for a resumption of coal imports from Down Under, with the ending of trade restrictions.
Harsh Zero Covid policies in Hong Kong sparked an exodus of Portuguese speakers from the city, with Club Lusitano feeling the impact.
The Macau University of Science and Technology’s ties with the GBA are being strengthened, its president and vice chancellor tells graduates.