The CEPA Subsidiary Agreement allows a basically free trade in services with Guangdong and further widens the professional services market for Hong Kong companies looking to do business there. This agreement adopts a negative-list approach, stipulating that Hong Kong companies will enjoy the same rights as mainland companies in Guangdong, except for any restrictions specified in the negative list.
Environmental concern and ethical sourcing now seen as vital by European parents, according to buyers and exhibitors at Bubble London, while innovation and quality childrenswear imports also woo consumers at this twice-yearly event.
The pace of urbanisation in China has accelerated dramatically, with the latest objective to boost the quality of urban development and the quality of living. As Hong Kong is a leading business platform in the region, it is in the position to tap the emerging opportunities particularly in the YRD region in areas like urban infrastructure projects, smart city applications, environmental protection technology, logistics, and consumer services.
According to information provided by Hubei’s Department of Commerce, over this year’s Spring Festival period (18 to 24 February), the province’s retail and catering businesses recorded 12.9% year-on-year growth, reaching an overall turnover of Rmb14.5 billion.