Investment in Hong Kong property fell by 28 per cent to HK$37 billion (US$4.73 billion) last year, its lowest level since the 2008 financial crisis, but is expected to rise to HK$50 billion in 2024, Colliers says.
“While the market expects the US Federal Reserve’s interest rates to stabilise in the next six to nine months, coupled with the [Hong Kong] government’s…
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Top or urgently needed talents working in the headquarter enterprises may enjoy cash rewards and house purchasing subsidies. For those starting up a business in the Park, the SIP grants business development funds, loan support, and various subsidies covering rent, housing, and R&D.
This article will explain the above policies. It also highlights some noteworthy information about the SIP’s special measures to facilitate foreign talents’ entry and exit as well as work and life in Suzhou.
Support for manufacturing industry
The Suzhou Industrial Park focuses on developing six major industries, officially called the ‘2+3+1 industrial layout’. They are:
Two pillar industries – new generation information technology (NGIT) and high-end equipment manufacturing.