The Nansha District of Guangzhou launched a comprehensive plan to better its business environment, a series of measures among which are expected to benefit Hong Kong and Macao businessmen in the future, according to a press conference on May 6.
With the goal to build a platform for international cooperation, the plan includes a series of strategies to develop a more open environment of cross-border trade and investment, a global tracking center, a digital management model for import inspection and push forward information flow between Guangdong-Hong Kong-Macao Greater Bay Area.
According to a Nansha government official, the Plan emphasizes the reform on customs clearance and logistics between cities of the Greater Bay Area and eventually facilitates foreign trade. It also aims at innovative reform on cross-border financial services and investment.
In addition, the plan indicates that the District will release more competitive talent policies and build the National Overseas Talents Offshore Innovation and Entrepreneurship Base, trying to attract human resource enterprises and professionals in the innovation sector. The District will also launch optimized policies to support related industries and boost factor mobility.
According to Guangzhou Nansha’s International Exchange and Promotion Center for Business Environment, Nansha has been optimizing its services for foreigners and established the Greater Bay Area (Guangdong) International Talent Station. It also took the lead in easing the requirement for the business visa application from Hong Kong, Macao professionals, which benefit the 12 faculty staff of the Hong Kong University of Science and Technology (Guangzhou Campus).