Carrie Lam, chief executive of the Hong Kong Special Administrative Region (HKSAR), said Thursday that the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) is the best entry point for Hong Kong businessmen to explore the domestic market.
On June 7, Guangdong issued a plan to implement the "one integrated license" pilot for facilitating business approval services of enterprises. It is to integrate the previously required multiple licenses into one, so applicants can acquire different approvals and permits in only one license application.
The growth of the Guangdong-Hong Kong-Macao Greater Bay Area, the most dynamic city cluster of South China, will be further promoted with a focus on high-quality development in the following years, said a senior official.
  • The Guangzhou Association of Real Estate Agents (hereinafter the “Association”) introduced a real estate registration complaint hotline (020-66679004) in April 2020, aimed at improving the city’s business environment. A mechanism for strengthening complaint handling is to be established, for purposes of putting in place a sound real estate registration complaint mechanism, standardizing and institutionalizing the handling of complaints, addressing issues encountered by individuals and enterprises, ensuring that real estate registration complaints are handled professionally, independently, effectively and fairly, and constantly improving real estate registration work. Please see below for particulars of the mechanism:
  • The Guangzhou Association of Real Estate Agents (hereinafter the “Association”) introduced a real estate registration complaint hotline (020-66679004) in April 2020, aimed at improving the city’s business environment. A mechanism for strengthening complaint handling is to be established, for purposes of putting in place a sound real estate registration complaint mechanism, standardizing and institutionalizing the handling of complaints, addressing issues encountered by individuals and enterprises, ensuring that real estate registration complaints are handled professionally, independently, effectively and fairly, and constantly improving real estate registration work. Please see below for particulars of the mechanism:
  • Financial leasing is an important industry and a novel investment and financing tool in a modern economy, playing an important role in stabilizing growth, adjusting structure and promoting transformation. Over the past few years, the financial leasing industry in Guangzhou has been rapidly developing, with continuous expansion in the range of services, an increasingly prominent agglomeration effect, and progressive improvements in regulatory quality. These have made positive contributions to the upgrading of the advanced manufacturing sector, promoting socio-economic development, and improving the lives of the people in Guangzhou. However, on the whole, the financial leasing industry in Guangzhou is still in the primary stage of development, with its functions not yet in full play, and som...
  • The Rules for the Implementation of Funds for the Development of the Financial Leasing Industry in Guangzhou have been approved by the People’s Government of Guangzhou Municipality and are hereby issued for your due implementation. Problems encountered in course of the implementation should be directly reported to the Guangzhou Municipal Local Financial Supervision and Administration Bureau.
  • The Interim Measures for Supervision and Administration of Financing Guarantee Companies in Guangzhou has been approved by the Guangzhou Municipal People’s Government and is hereby issued for your due implementation. Problems encountered in the course of implementation should be directly reported to the Guangzhou Municipal Local Financial Supervision and Administration Bureau.
  • In order to further optimize the business environment and continuously enhance the ease of starting a business, Guangzhou Municipal Administration for Market Regulation will implement free agency service for starting a business at bank branches across Guangzhou from August 1, 2020. Relevant matters are hereby notified as follows

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