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the deepening biomedical collaboration between Hong Kong and Shenzhen, highlighting the pivotal role of the Hetao Cooperation Zone. It showcases how companies leverage Hong Kong's international resources and Shenzhen's manufacturing strength for joint R&D and global market expansion, with policy support facilitating cross-border flows of data, talent, and capital.

Hong Kong's pivotal role in advancing biomedical innovation within the Guangdong-Hong Kong-Macao Greater Bay Area (GBA). Leveraging its strengths in international finance, regulatory frameworks like the "1+ mechanism," and world-class research, Hong Kong collaborates with mainland cities to drive industry upgrades, support startups, and attract global investments, positioning the GBA as a leading biotech hub.

Guangdong’s medical regulator said on 18 July that the “Hong Kong & Macau Drug and Device Access Scheme” now covers 45 hospitals across all nine mainland GBA cities, having imported 116 products—52 drugs and 64 devices—benefiting over 10,000 patients.

Guangzhou Public Security Bureau announced the cancellation of pre-approval for internet service business premises' information network security, shifting to post-approval inspection and supervision, simplifying application conditions.

Guangdong’s new policy package of 87 measures targets film, gaming, and media sectors, aiming to enhance cultural industry quality, boost innovation, and maintain regional leadership.

The Guangdong Province has released a plan to boost the silver economy and enhance elderly welfare by optimizing senior care services, advancing age-friendly renovations, and developing the senior products industry.

The central bank has set up a special re-lending facility for service consumption and elderly care with a quota of 500 billion yuan, an interest rate of 1.5%, and a term of one year, which can be extended twice for up to three years. It supports the fields of service consumption and elderly care and

Guangdong Province has released the Implementation Plan for the Special Action to Boost Consumption. It implements actions such as employment and income increase, support and protection, and quality improvement of service consumption to promote consumption upgrading and drive high-quality economic d

Guangzhou and Shenzhen have introduced measures to support the development of the service trade in the two cities, particularly in respect to speeding up the development of digital trade. Shenzhen is offering financial incentives to enterprises engaged in service trade, while Guangzhou is promoting

Financial support for the cooperation of Guangzhou Nansha with Guangdong, Hong Kong, and Macao, promoting the development of the Greater Bay Area, enhancing financial service innovation, and facilitating high-quality development.

Seventeen measures have been issued by Nansha with the goal of promoting foreign trade development. The measures include offering rewards for foreign trade enterprises at different stages of development, constructing low-cost but efficient international logistics networks and increasing support for

Nansha District has unveiled three incentive and subsidy measures targeted at attracting foreign-funded enterprises. In addition to subsidising the rents of premises for production purposes, foreign-funded enterprises that meet a certain investment threshold and multinationals recognised as headquar

The Central Government has drawn up a work plan for the systematic implementation of a strategy to upgrade Mainland China’s free trade zones (FTZs) over the next five years. The objectives are to enhance the competitiveness of the country’s foreign trade, to liberalise and facilitate investment, and

The Chinese government has issued a notice through six relevant departments to streamline the departure tax refund policy and boost inbound consumption. This includes making domestic purchases over 200 CNY eligible for tax refunds upon departure.