The new carrier is looking to take on low-cost rivals HK Express and Hong Kong Airlines as well as established players like Cathay Pacific.
Greater Bay Area
Policymakers from the Greater Bay Area meet in Hong Kong to foster and further integrate the market in sustainable finance in the region.
The pilot project allows freight from across the GBA to be inspected in Dongguan and then exported via Hong Kong without additional clearance.
A poll of more than 1,000 companies in the Greater Bay Area finds that some 60 percent expect business to match or exceed pre-Covid levels before the year ends.
One official says the aim of the new tax guides to Portugal, Mozambique and Cabo Verde is to assist ‘companies in the process of going global’.
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.
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.