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"Hong Kong Capital, Hong Kong Law" was extended from Qianhai, Shenzhen to two pilot cities, Shenzhen and Zhuhai
The Supreme People's Court of China issued a judicial interpretation, allowing Hong Kong-funded enterprises registered in Shenzhen and Zhuhai in the Guangdong-Hong Kong-Macao Greater Bay Area to choose Hong Kong law as the governing law of their contracts. It also recognizes the validity of arbitrat
Department of Justice the Government of the Hong Kong Special Administrative Region
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(In Chinese only)Greater Bay Area Cross-border Commercial Dispute Resolution Platform Goes Live
On August 12, Guangdong High People's Court and Guangdong Provincial Department of Justice jointly launched the Greater Bay Area Cross-border Commercial One-stop Dispute Resolution Platform. It integrates mediation, arbitration and litigation to provide 'one-stop' commercial dispute resolution services, helping establish the GBA as an international commercial dispute resolution hub.
Guangdong court litigation service network
Guangdong subsidises interest on loans to manufacturing and tech firms
Guangdong now offers interest subsidies on loans for manufacturing and high-tech firms, covering factory construction, equipment purchases, and R&D, with annual subsidies up to RMB20 million per firm.
Guangdong Financial Supervisory Authority
Guangdong accelerates development of entrepreneurship support system
Guangdong is boosting entrepreneurship support, including training, services, incubation, subsidies, rent allowances, and expanded guarantee loans.
People’s Government of Guangdong Province
Trade liberalisation measures to be implemented across Mainland China
Shanghai FTZ's pilot measures aligning with international trade rules—covering services, goods, digital trade, IP protection, and digital RMB applications—will be replicated in other FTZs or nationwide.
Xinhua
Proxy witness banking service now available across GBA
Hong Kong and Macao residents can now open Type II/III mainland bank accounts via local proxy banks across all nine Greater Bay Area cities for easier cross-border payments.
Yicai Global
(In Chinese only)The total number of locally registered companies in Hong Kong has surpassed 1.5 million, reaching a record high.
Hong Kong Chief Executive Lee Ka-chiu reported that, as of July, locally registered companies exceeded 1.5 million and non-local companies 15,000—both records. Between January 2023 and July 2024, InvestHK helped 1,333 firms set up or expand, drawing HK$174 billion in first-year investment and creating over 19,000 jobs.
Industry and Information Technology Bureau of Shenzhen Municipality
App-Based Hong Kong Health Providers Pioneer New Home Care Model
HK firm Evercare uses algorithms to match 30,000 nurses for home visits, promoting aging-in-place and easing hospital strain.
HKTDC Research
(In Chinese only)Manufacturing and high-tech enterprises in Guangdong can receive fiscal interest subsidies on their loans.
Guangdong to subsidize manufacturing, high-tech loans from May 1 2025 to Dec 31 2027, up to 20 million yuan per firm annually.
Nanfang Daily
(In Chinese only)Shenzhen Publishes Implementation Plan for High-Quality Low-Altitude Infrastructure Development
Shenzhen unveiled its 2024-2026 low-altitude infrastructure plan on July 31, aiming to build a smart, integrated network of aviation facilities and digital systems.
Shenzhen Commercial Daily
Guidelines for the Arbitrator Panel of the Guangdong-Hong Kong-Macao Greater Bay Area Officially Issued
The Guangdong-Hong Kong-Macao legal authorities jointly launched the Greater Bay Area Arbitrators Panel Work Guidelines on July 30. Hong Kong's arbitrator nomination process began the same day, with applications due by August 29, 2025. Details are available on the DoJ website.
Hong Kong Economic and Trade Office in Guangdong
New measures boost consumption through financial support
China unveils 19 measures to enhance financial support for consumer spending, including expanded loans and business financing.
People’s Bank of China
New measures encourage reinvestment by foreign firms
China has introduced measures to encourage foreign-invested enterprises to reinvest domestically, including simplified approvals, easier foreign exchange use, financial support, and tax credits for profit reinvestment.
China Daily
(In Chinese only)Shenzhen sweetens tax incentives for Hong Kong residents
Shenzhen has extended preferential income tax policies for Hong Kong residents working in the Hetao and Qianhai cooperation zones until 2027. The policies exempt income exceeding Hong Kong tax rates and expand tax subsidies for talent in these areas.
Hetao Development Authority, Qianhai Authority
Streamlining and consolidation measures for the funding schemes under the Innovation and Technology Fund
The Innovation & Technology Commission announced on 28 July it will streamline and consolidate funding schemes under the Innovation and Technology Fund to sharpen focus on new industrialisation and productivity growth.
info.gov.hk
(In Chinese only)The industrial and information-technology sectors are advancing green and low-carbon standardization.
MIIT issued a green-standard plan targeting carbon footprint, green manufacturing and digital synergy to drive industrial decarbonization.
HKTDC Research
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