The new policy is aimed at boosting China’s plummeting levels of foreign investment, which sank to a 30-year low last year.
Greater Bay Area
The deal will see greater cooperation when it comes to making the Greater Bay Area a more enticing destination for top professionals.
Authorities are still continuing with rescue efforts amid challenging conditions, with the number of fatalities expected to rise.
Official data shows that use of the world’s longest cross-sea bridge has risen significantly since the end of the Covid-19 pandemic.
No dates for the scheme have been announced, but speculation is mounting that specifics will be revealed imminently.
Passenger vehicles with less than seven seats will be exempt from the usual Hong Kong-Zhuhai-Macao Bridge fee during the holiday period.
Hong Kong fared the worst in the latest GBA Business Confidence Index, which described the region’s economic recovery as ‘looking fragile.’
Some 149,000 buyers from dozens of countries have completed pre-registration for the massive trade show, organisers say.
The SAR could become the first Chinese territory to legally engage in the trade of spot bitcoin and ether, with some local firms claiming they have been given a go-ahead.