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Beijing and Hong Kong Join Forces to Open a New Chapter – Chaoyang District Deepens Bilateral Cooperation with RMB 19.5 Billion in Signed Projects
Jointly hosted by the Chaoyang District People’s Government and the Beijing Investment Promotion Service Center, and organized by the Chaoyang District Investment Promotion Service Center of Beijing Municipality, the event featured six key segments, including keynote presentations, enterprise case sharing, and roundtable discussions.
The initiative served as a high-efficiency platform to foster deep integration across innovation, industry, capital, and talent networks between Beijing and Hong Kong, advancing strategic cooperation between the two regions.
Chaoyang District continues to strengthen cooperation between Beijing and Hong Kong, with a strategic focus on key areas of collaboration and industrial development priorities. A series of major investment and strategic partnership projects were signed, covering critical sectors such as business services, finance, technology, and culture and tourism. The total value of the signed agreements reached approximately RMB 19.5 billion, with notable achievements across all sectors.
1. Synergistic Collaboration, Multi-Sector Highlights
From fintech to cultural and creative consumer products, a diverse range of projects converged at the event. The cooperation between Beijing and Hong Kong is advancing in parallel across multiple sectors, forming a new ecosystem for coordinated industrial development.
Investing in Beijing: Diverse Sectors Flourish, Driving Industrial Upgrades
In the business sector, China Resources MixC is launching Beijing’s first TOD (Transit-Oriented Development) integrated project under the city’s innovative “pre-sale of land-use rights” model. This high-end commercial complex will accelerate the transformation of the area into a transit-centered urban hub.
In finance and pharmaceuticals, both CITIC Prudential Life Insurance Co., Ltd. and Sanofi (China) Investment Co., Ltd. have increased their capital investment, further supporting innovation in the real economy and the biomedical sector.
Bank of East Asia will establish Yiya (Beijing) Commercial Management Co., Ltd. in Chaoyang District to oversee its commercial real estate operations and business consulting services in Beijing. This marks the bank’s strategic move to deepen cooperation between Beijing and Hong Kong and expand its presence in the capital market.
Jingling Quantum AI (Beijing) Co., Ltd. will set up operations in Chaoyang to build the nation’s first AI industry cluster centered around “AI health consumption agents.”
Shoucheng Smart Control Holdings has launched a new Embodied Intelligence Industry Investment Fund in Chaoyang District. Leveraging a “Industry + Park + Fund” model, the initiative aims to establish a complete ecosystem from R&D to application, injecting strong capital momentum and expanding the space for new-quality productive forces.
Investing in Hong Kong: Complementary Strengths, Coordinated Development
Qimengdao Group and Hong Kong’s Bauhinia Magazine have entered a cultural collaboration focused on creative toy IP development. By combining Beijing’s cultural innovation strengths with Hong Kong’s international reach, they will jointly design and launch a limited-edition panda character—”Golden Bauhinia: Rising High”—exclusively for the Hong Kong market. The product will be sold at nearly 50 locations across the city, promoting integrated development of the cultural industries in both regions.
Strategic Cooperation: Cross-Sector Partnerships to Explore Innovative Pathways
In the culture and tourism sector, China Tourism Group, Maoyan Entertainment, and Genki Forest have joined forces to integrate tourism assets, film and entertainment IP, and brand marketing resources. Together, they aim to develop an innovative business model combining “culture (film, performances) + tourism + consumption + sports,” with Chaoyang as the hub for resource integration and distinctive product development, thereby boosting urban consumer vitality.
In the business services sector, BlueFocus Data Technology Group (Beijing) signed a memorandum of understanding with Invest Hong Kong. The two parties will collaborate on tech-driven marketing innovation and leverage Hong Kong’s role as a base for Chinese enterprises going global. The partnership aims to enhance international expansion and elevate their global business to a new level.
2. A Strategic Hub Empowering Two-Way Development
As a vital bridge and key link in economic and trade cooperation between Beijing and Hong Kong, Chaoyang District continues to take an open approach to building platforms for bilateral exchange and collaboration. With its favorable business environment, comprehensive support services, and abundant resource advantages, Chaoyang has become one of the top choices for foreign investment entering China and for Hong Kong-funded enterprises expanding northward.
Strong Foundation for Collaboration
Chaoyang and Hong Kong share highly complementary roles and industrial orientations—Hong Kong is a global center for finance, trade, and professional services, while Chaoyang serves as Beijing’s economic powerhouse, a key international consumption zone, and China’s leading district for international engagement. To date, nearly 4,000 Hong Kong-invested enterprises have established a solid presence in Chaoyang, with total accumulated investment exceeding USD 135 billion.
Robust Capacity for Support
Economic Scale: Chaoyang contributes around 20% of Beijing’s GDP and fiscal revenue, and hosts over 373,000 market entities.
Openness to the World: Nearly 100% of all foreign embassies in China, 80% of international organizations and chambers of commerce, and 70% of regional headquarters of multinational companies are located in the district.
Technological Innovation: Chaoyang is home to nearly 3,700 high-tech enterprises, over 1,200 specialized and innovative SMEs (“little giants”), 82 national-level “little giant” firms, and 25 unicorn companies.
Consumer Vitality: The district leads the city in consumption, with nearly half of Beijing’s high-end commercial zones and first-store openings.
Institutional Innovation: Chaoyang has pioneered 87 reform initiatives under the “Two Zones” (pilot free trade zone and service sector opening-up zone), 15 of which have been replicated nationally, with 109 landmark pilot projects already launched.
Business Services: The district has introduced innovative measures such as “one license, multiple addresses,” fully digital business registration, and online registration services for Hong Kong non-natural person investors. It also pioneered “service packages” and “dedicated service managers” for enterprise support.
Business Environment: Chaoyang has established eight tailored policy packages covering business, finance, and youth innovation and entrepreneurship, as well as four sector-specific policies in areas like Internet 3.0 and AI. More than RMB 1.5 billion in annual funding supports these efforts. Chaoyang has ranked first in Beijing’s business environment assessment for five consecutive years. Its CBD ranks first in China, second in Asia, and seventh globally in attractiveness index.
With openness driving cooperation and innovation powering the future, Chaoyang District will continue to enhance its business environment and fully leverage its role as a strategic bridge. It will promote integrated development between Beijing and Hong Kong across finance, technology, and culture and tourism. Chaoyang warmly invites global enterprises and talent to seize new opportunities and build a shared, prosperous future.
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SkinLab The Medical Spa Recognised at the 2026 Singapore Retailers Association Awards (SRA) for Excellence in Beauty and Cosmetics
For SkinLab, this reflects two decades of building a holistic beauty ecosystem spanning medical aesthetics, skin health, and wellness, under Dr Kelvin Chua, Senior Medical Director and Founder of SL Aesthetic Group. Treatments are personally developed by Dr Chua to address different skin concerns, such as acne, pigmentation, sensitivity, rosacea, dryness, and ageing. The medical spa also offers a range of skincare products formulated for Singapore’s humid climate and to support long-term skin health.
With 10 outlets islandwide, SkinLab has cared for more than 100,000 customers through this model of doctor-designed care. As no two skin conditions present the same way, each treatment can be customised to individual needs and preferences.
SkinLab has also been recognised by Harper’s BAZAAR, HerWorld, and Singapore Women’s Weekly for treatments targeting deep hydration, rejuvenation, and complexion correction. Behind these treatment outcomes are medical-grade technologies, including the LDM Triple, a triple-frequency ultrasound that targets multiple skin depths simultaneously; FDA-approved Lumenis M22 IPL system for photorejuvenation and pigmentation; Onda Pro with Coolwaves™ technology for body contouring; and the globally-recognised HydraFacial.
The medical spa continuously invests in technology that improves the customer experience, including using AI-assisted skin analysis to support consultations alongside chatbot-based scheduling to reduce waiting time and streamline appointment bookings.
SkinLab’s commitment to holistic care extends beyond treatment sessions, promoting skin health literacy educational content and workshops with doctors from sister brand SL Aesthetic Clinic.
“This award is a valuable milestone that reflects how far SkinLab The Medical Spa has grown as a brand,” says Dr Chua. “From the very start, our brand was designed with the customer at the centre, and that principle continues to guide every treatment developed and every experience delivered moving forward. The brand remains committed to advancing medical-led facial treatments that address a wide range of skin concerns more effectively.”
Looking ahead, SkinLab The Medical Spa remains committed to advancing its medical-led approach to skin health, continuing to explore and adopt clinically validated technologies to deliver more individualised care while reinforcing its commitment to clinical excellence across all its outlets.
To learn more, visit: www.skinlabmedspa.com
Hashtag: #SkinLabTheMedicalSpa #SLAestheticGroup #SingaporeRetailersAssociation
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About SkinLab The Medical Spa
SkinLab The Medical Spa brings together the attentive, understated service of a world-class spa with medically grounded aesthetic science. As the dedicated medical spa brand of SL Aesthetic Group, SkinLab focuses on non-invasive facial treatments for acne, pigmentation, sensitive skin, and overall skin rejuvenation, delivering evidence-based care that supports long-term skin health.
Founded in the 2000s, SL Aesthetic Group is a healthcare and aesthetics group specialising in skin and hair health, women’s wellness, and holistic medicine. Its portfolio includes SL Aesthetic Clinic, a doctor-led medical aesthetics practice; SkinLab The Medical Spa; TrichoLab, a specialist hair and scalp centre; PROLOGUE, a women’s wellness and lifestyle medical clinic; and Euphie Skin Solutions in Malaysia. Across its network of clinics and outlets, the Group offers a comprehensive range of FDA-approved aesthetic and medical treatments, all supervised by trained and certified healthcare professionals holding Certificates of Competency (COC) recognised by the Aesthetic Practice Oversight Committee (APOC).
SkinLab The Medical Spa operates 10 locations across Singapore, including its flagship medical spa at Wheelock Place, while SL Aesthetic Group has a network of more than 20 clinics and outlets across Singapore and Malaysia.
The launch ceremony was attended by Mr. Do Quang Thai, First Secretary of the Embassy of the Socialist Republic of Vietnam in the Kingdom of Denmark, together with representatives from leading Danish organizations, including 3F, Dansk Erhverv, DPT and Carnegie Investment Bank, alongside strategic partners and industry stakeholders from the transport, technology, energy, finance and infrastructure sectors.
As one of the world’s leading cities in sustainable urban mobility, Copenhagen was chosen as Green SM’s first European market. Here, the company aims to complement the city’s existing transport network by offering another reliable, fully electric mobility option for residents and visitors alike.
In Denmark, the company operates a fully electric fleet of VinFast VF 6 and VF 8 vehicles, serving a wide range of everyday urban travel needs. Unlike many ride-hailing platforms that primarily connect passengers with independent drivers, Green SM directly owns and manages its fleet and oversees driver operations to help ensure consistent service quality and customer experience. During the initial phase of operations, Green SM will focus on establishing a reliable local operation, ensuring full compliance with Danish regulations, and continuously improving its service based on feedback from customers, drivers, and other stakeholders.
Delivering a safe, professional, and consistent customer experience begins with Green SM’s drivers. Before serving customers, every driver completes comprehensive training in road safety, customer service, operating procedures, and electric vehicle operation. Together with ongoing training and a robust local operations system, this helps ensure every journey reflects the high standards Green SM is committed to delivering.
Customers can book rides through the Green SM app, available on the App Store and Google Play. Fares are displayed before each trip is confirmed, and electronic receipts are issued automatically at the end of every journey. To mark its launch in Copenhagen, Green SM is offering new customers five (5) vouchers worth 25% off each trip, up to a maximum discount of 100 DKK per ride throughout the Grand Launch period from July 30 to September 30, 2026.
Richard Nabil Chahine, CEO of Green SM Europe, said: “Cities shape the future of mobility long before companies do. Copenhagen is one of those cities. That is why beginning our European journey here carries special meaning for Green SM. We come with deep respect for the standards already established here, drawing on what we have learned from serving millions of journeys across Asia. Our ambition is simple: to become a trusted mobility partner by delivering safe, professional and fully electric journeys that people can rely on every day. If we earn that trust, growth will naturally follow.”
Green SM’s expansion into Europe reflects the company’s long-term approach to international growth. Rather than prioritising rapid expansion, Green SM focuses on building well-structured local operations, adapting its services to local market needs, and earning trust through consistently reliable service.
With its fully electric fleet and low-emission operating model, Green SM hopes to contribute to Denmark’s long-standing ambitions for more sustainable mobility while providing another practical transport choice for everyday journeys.
Founded in Vietnam in 2023, Green SM currently operates in Vietnam, Laos, Indonesia, the Philippines, India and Kazakhstan. Through its fully electric fleet, technology platform and consistent operating standards, the company is steadily expanding internationally while adapting its services to local market needs.
Hashtag: #GreenSM
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The collaboration marks a significant moment for Taiwan’s international media presence, as the completion of Gaudí’s vision draws global attention to one of the world’s most visited cultural landmarks. NHK has documented the construction of the Sagrada Família for decades, building a relationship of trust with the basilica’s team that enabled joint coverage.
TVBS crews filmed in areas rarely accessible to media, including the crypt where Gaudí is buried, architectural workshops, and key structural sections of the basilica. The team conducted interviews with architects and experts involved in the project during preparations for the inauguration ceremony. Construction on the church began in 1882, one year before Gaudí took over as chief architect.
Taiwanese actress Lin Chi-ling joined the reporting team in Barcelona as a cultural ambassador for the project. Lin met with architects and experts to explore the basilica through the perspectives of architecture, aesthetics, and cultural heritage. Her involvement added a cultural dimension to the coverage beyond conventional architectural reporting.
The coverage brought together partners from Taiwan’s technology and financial sectors. HTC, through its VIVE Arts initiative, contributed its immersive experience “Gaudí, the Atelier of the Divine.” The virtual reality program allows audiences to explore Gaudí’s architectural world in new ways, transcending geographical and physical boundaries.
TS Financial Holding Co., Ltd., which has long supported arts and cultural exchange, sponsored the live broadcast. The company cited values of integrity, innovation, and sustainability in joining the project. The cross-sector collaboration extended Taiwan’s cultural advocacy onto the international stage, connecting the 144-year architectural endeavor to audiences in Taiwan and Chinese-speaking communities worldwide.
TVBS integrated AI-powered real-time translation technology throughout the live coverage, facilitating multilingual communication across international production teams. The project showcased Taiwan’s ability to connect industries and communities across borders. TVBS, NHK, HTC, and TS Financial Holding Co., Ltd., together documented a defining milestone in the Sagrada Família’s history.
Hashtag: #TVBS
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