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  • October 31, 2014
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  1. Business - China Business - ECONOMY

    12 new free-trade zones to follow in Shanghai's footsteps

    Posted Jan 23rd 2014, 01:40am by George Chen; Denise Tsang; Daniel Ren

    ... George Chen, Denise Tsang and Daniel Ren 12 new free-trade zones approved The central government has agreed in principle to approve 12 new free-trade zones (FTZs), three months after ... Wong, a partner with the China Tax & Business Advisory at Deloitte, said growth-challenged Hong Kong should grab the opportunity of Guangdong's free-trade zone status by integrating ...

  2. A lift for HK banks from Li's measures

    Posted Sep 05th 2011, 12:00am

    ... in the city; expanding the yuan cross-border trade settlement scheme; and accelerating Hong Kong banks' 'cross-city' sub-branch openings in Guangdong. While all the measures complement each other in helping the city take off as an offshore yuan centre, several banks particularly made note of the opening up of yuan-FDI policies. They said this policy of repatriating ...

  3. Yuan trade branches out to remittances

    Posted Jul 08th 2009, 12:00am by Chloe Lai

    ... Chloe Lai in Guangzhou At least 12 cross-border trades were carried out in yuan yesterday between companies in Hong Kong and Guangdong under the central government's new scheme to encourage a wider adoption of its currency. The transactions were all in the form of trade remittances, involving a total of 7.72 million yuan (HK$8.76 million), according to the Guangzhou branch ...

  4. Trade in fake banknotes spreads from Guangdong heartland

    Posted Sep 10th 2009, 12:00am by Staff Reporter

    ... in January saw raids in 1,807 cases involving printing and trading of counterfeit notes, and exposed 24 manufacturing locations. Fake notes worth 684 million yuan (HK$778 million) were confiscated, ... of fake 100 yuan notes beginning with serial numbers HD90 and HB90, which stirred panic when they were found in Hong Kong in January - originated in the province.However, Zhang said the amount ...

  5. News - Hong Kong - TRADE

    Cross-border trade essential to HK growth, governor says

    Posted Oct 11th 2012, 12:00am by Mimi Lau

    ... service providers with licences issued by Hong Kong and Macau will be able to set up business in Nansha." He added that Nansha would be allowed to operate pilot offshore electronic database services and offer financial services such as futures trading, credit insurance and financial leasing. The area would also run an experimental education policy by exploring collaboration among ...

  6. Adding a twist to outsourcing

    Posted May 16th 2006, 12:00am by Staff Reporter

    ... Bien Perez A Hong Kong business leader is behind a push to make Guangdong an offshore services centre The newly formed Guangdong Software Outsourcing Council has a Hong Kong entrepreneur at its helm to start a campaign to transform the province into an international information technology offshore services hub. Council chairman Jonathan Choi Koon-shum, president of the privately ...

  7. News - China - ECONOMY

    Western Guangdong trade fair targets Asean business people

    Posted Mar 26th 2013, 12:00am by Mimi Lau

    ... The region will stage its first trade fair aimed at luring Chinese business people in Southeast Asia Less developed western Guangdong will host its first trade fair targeting overseas ... yesterday that the first national trade fair involving Chinese merchants in Asean countries would be held in Zhanjiang from April 10 to 12. "This will have a significant impact in fostering ...

  8. Business - Economy - MR. SHANGKONG

    Have free trade zones become a victim of power struggle in China?

    Posted Jan 27th 2014, 04:23am by George Chen

    ... George Chen george.chen@scmp.com Premier's vision for Shanghai to lead the next round of economic reform in the country appears to have fallen foul of power politics Have trade zones become a victim of power struggle? One, two, three … keep going … 12. Now you have reached the magic number the central government has come up with for free-trade zones to support its new round ...

  9. Swire Pacific pays 174m yuan for cold stores

    Posted Aug 07th 2012, 12:00am

    ... Keith Wallis keith.wallis@scmp.com Swire Pacific has splashed out 173.8 million yuan (HK$213.06 million) to acquire a 60 per cent interest stake in Guangdong Swire Cold Chain Logistics ... Pacific's trading and industrial division, headed by executive director John Rae-Smith. The deal could be completed by the end of this month, but Swire Pacific said it might be delayed because ...

  10. TRADE is key

    Posted Apr 27th 2012, 12:00am

    ... unofficial motto. Trade is built into Guangzhou's DNA as the prime manufacturing hub in the Pearl River Delta, notching up stupendous annual gross domestic product in excess of 900 billion yuan ... Nansha Export Processing Zone is closer to Baiyun International Airport, and its major industries include automobile assembly, biotechnology and heavy industry. Guangzhou Free Trade Zone, ...




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