(The Greater Bay Area)
The Greater Bay Area (GBA) aims to bring together the two Special Administrative Regions of Hong Kong and Macao with nine cities In Guangdong: Guangzhou, Shenzhen, Zhuhai, Foshan, Zhongshan, Dongguan, Huizhou, Jiangmen and Zhaoqing. Together, they will form a world-class city cluster that will play a leading role in global innovation, finance and trade.
By combining the strengths of each city to facilitate trade and growth, the Greater Bay Area has the potential to be an economic powerhouse that will be comparable or even surpass leading bay areas across the globe, such as the Greater Tokyo Bay, San Francisco Bay Area, and New York Metropolitan Area.
B&R refers to the land-based “Silk Road Economic Belt” and the seafaring “21st Century Maritime Silk Road”. The routes with strong emphasis on connectivity and international co-operation cover countries across Asia, Europe and Africa. It features co-operation priorities in enhancing policy coordination, strengthening infrastructural facilities connectivity, facilitating unimpeded trade, deepening financial integration and building people-to-people bonds among countries along the routes.
The B&R Initiative seeks to promote market integration and forge new ties among different economies, with the objective of driving deeper regional development by promoting cooperation in a variety of areas, expanding business opportunities and encouraging people-to-people exchanges among different regions.
Hong Kong is a small international city but as reflected on the flag of HK, it offers you a ‘5 stars’ environment to start a new page of your business.
Hong Kong is renowned for its banking infrastructure. She is one of the few jurisdictions without foreign exchange control, which restrict fund flow into or out of Hong Kong bank accounts. The identity of account holder and transaction information is also subject to very high standard of confidentiality.
According to guidelines of The Hong Kong Monetary Authority, all banks in Hong Kong should meet their clients at least once before they can open any bank accounts for them. Therefore, customers cannot appoint an attorney or proxy representing their company for account opening.
Before opening a bank account, we will guide our customers to choose an appropriate bank. Further, we will prepare all the relevant documents and arrange for a meeting with bank managers. Our professional and experienced staff members will provide excellent quality services and will assist in the bank account opening process so as to shorten the processing time as much as possible.
Different banks have different requirements for account opening. In general, business plan, address proof and passport copy are required.
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