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Expats experience services in Qianhai: No Red Tape, Only Red Carpets

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SHENZHEN, CHINA – Media OutReach Newswire – 28 August 2025 – On the morning of August 27, “Qianhai Block V” was officially launched with the presence of representatives from various sectors in Shenzhen and Hong Kong. As the latest landmark for international talent innovation in Qianhai, Shenzhen, “Qianhai Block V” is rapidly emerging as an international talent hub that integrates the “innovation chain, industry chain, capital chain, and talent chain”. It is also propelling Qianhai to become a “golden stage” for talent to realize their dreams. By offering latest policy consultations, an easy access to optimal venture capital resources, and the most precise job matching, it will greatly support Shenzhen in building the best technology innovation ecosystem and talent development environment.

Qianhai Block V

With the further optimization of its supporting infrastructure and policies, Qianhai vividly demonstrates how to break down administrative barriers with the “service cycle” and attract talent through “hardcore policies”. By fulfilling its promise of “no red tape, only red carpet”, today’s Qianhai has become a “preferred gateway” for international talent to integrate into the Guangdong-Hong Kong-Macao Greater Bay Area (GBA).

“It’s incredibly efficient! There’s no need to run between multiple departments. The entire process from seeking consultation to completing the paperwork was much smoother than I expected.” After experiencing the one-stop services at Qianhai International Talent Hub, American blogger Alysa Kees, known as “Qi Shiwen” in China, shared her feelings with overseas audiences on camera.

Qianhai Block V
Qianhai Block V

In Qianhai, the “one-stop convenience” that Qi Shiwen experienced has long permeated every aspect of talent services. The international talent hub has integrated 700 services covering the full spectrum of employment, entrepreneurship, and living. There are dedicated counters for foreign talent to apply for work permits and for Hong Kong and Macao residents to consult on cross-border living matters. Furthermore, through the “In Qianhai” smart digital platform, overseas individuals can schedule visa appointments and access policies online in advance. By entering their career direction and living preferences, users can receive instant, tailored recommendations on suitable companies, housing, and subsidies. This makes talent services truly within reach, thus realizing a talent ecosystem at their fingertips.

The latest data reveals that Qianhai is currently home to over 3,000 foreign professionals, more than 5,000 foreign residents and over 51,000 holders of postgraduate degrees or higher. With a total of 660,000 professionals engaging in modern services and industrial technology sectors, Qianhai has been a growing magnet for talent.

Convenient living amenities are a key reason why numerous professionals choose to stay in Qianhai. To address cross-border living needs, Qianhai has introduced thoughtful initiatives: Hong Kong residents can use their local e-wallets directly for frequent daily spending scenarios without switching payment methods; cross-border salary payments are processed with a single click, eliminating repeated bank verification and significantly improving the efficiency of financial transactions. Beyond daily transactions and financial matters, family-related needs have also been carefully considered. To accommodate the educational plans of different families, multiple international schools offer curricula from kindergarten to high school. In terms of healthcare, Hong Kong-style medical institutions provide familiar consultation models and language services, thus ensuring a smoother transition for cross-border living.

Through the “Strive and Rise Programme”, Hong Kong is actively positioning Qianhai as a preferred destination for its youth entrepreneurs so as to deepen cross-border cooperation. In August, 160 middle school students from Hong Kong visited the Qianhai Shenzhen-Hong Kong Youth Innovation and Entrepreneur Hub (E-hub) and Tencent Technology Innovation Workshop. While experiencing AI technology firsthand, they gained an in-depth understanding of relevant policies, such as “RMB 1 for office space” and “special fund for technology innovation” and the entrepreneurial advantages offered by Qianhai.

For aspiring entrepreneurs, Qianhai has provided a favorable platform for them to shine. Its entrepreneurial support spans the entire lifecycle. In the startup phase, the “RMB 1 for entry” policy allows qualified teams to obtain office space at low cost, coupled with mentorship for market analysis. During the growth phase, they can apply for a fund of RMB 500 million to help solve their financial challenges. The model of “R&D in Hong Kong and Commercialization in Qianhai” enables a rapid connection to the industrial chains in the Chinese mainland.

From the seamless services experienced by foreign talent and the entrepreneurial enthusiasm of Hong Kong youth to the rapid growth of startups, Qianhai has turned its promise of “no red tape, only red carpet” from a slogan into a daily reality for those pursuing their dreams here.

In days to come, Qianhai will continue to deepen cross-border service innovation, enhance full-cycle entrepreneurial support, and expand its distinctive industrial ecosystem. This will enable more global talent to navigate their undertakings with greater ease and confidence. While enjoying efficient and convenient services, they will unleash their value in the thriving industrial landscape and write a new chapter of open development in the GBA.

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Asian Financial Forum concludes successfully in Hong Kong, gathering over 4,000 global business leaders and officials

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HONG KONG SAR –

A new Global Business Summit was held throughout day-two of the AFF yesterday, to further integrate finance with key industries and drive innovation and economic development.

Co-organised by the Financial Services and the Treasury Bureau of the HKSAR Government, the HKTDC, and the Office for Attracting Strategic Enterprises, the summit explored how finance empowers businesses. It also examined how Hong Kong can support Chinese Mainland enterprises to “go global”, and the prospects for foreign enterprises entering the Mainland market.

In his opening remarks at the summit, Paul Chan, Financial Secretary of the HKSAR Government, highlighted trade, finance and innovation and technology as the three principal drivers of future economic growth.

“Hong Kong is not just a platform that connects capital, market, projects, talent and opportunity. Hong Kong is willing to be a strategic partner to help you grow, scale up and go global,” Mr Chan said.

On building a more vibrant tech ecosystem, Mr Chan said the HKSAR Government is determined to attract the world’s leading frontier-technology enterprises to establish a presence in Hong Kong.

“We welcome technology and industrial enterprises to establish a presence in the Northern Metropolis. Where justified, we are prepared to tailor incentive packages, which may include land grants, premium concessions, tax incentives and other facilitation measures. Everything is negotiable,” he said.

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Prof Frederick Ma, Chairman of the HKTDC, in his welcome remarks at the summit, said: “In these unpredictable times, working together on shared goals adds to the agility and resilience of our economies, our industries and businesses, and our communities. Hong Kong, under the ‘one country, two systems’ arrangement, is perfectly suited to host these conversations and promote cross-sector collaboration, as a super connector, super value-adder and super collaborator.”

A series of plenary sessions held during the summit included the Business Plenary I – Chinese Mainland Enterprises Going Global, and Business Plenary II – Strategic Collaboration for Shared Growth, focusing on the latest opportunities in global market expansion and inbound foreign investment.

The Global Business Summit also featured a series of discussion sessions covering high‑growth, high‑value sectors, including biomedicine and healthcare, green energy, new consumer trends, artificial intelligence and robotics.

Speakers included representatives of prominent enterprises in the respective fields, such as Banking Circle, Infineon AG, Investcorp, JP Morgan, Revolut, Triton Partners, Amgen, Merck, DexForce Technology, JD.com, Pictet Group, AI² Robotics, Galbot and Tencent.

Paul Polman, a business leader, investor and philanthropist who is dedicated to advocating for systemic change, climate action, and social equality, delivered the Keynote Luncheon speech (January 27). He shared his “Net Positive” corporate sustainability strategy, which he has championed in recent years, focusing on advancing sustainable development.

Meanwhile, this year’s AFF Deal-making session, co-organised by the HKTDC and the Hong Kong Venture Capital and Private Equity Association, attracted over 280 investors and over 600 investment projects, resulting in more than 800 one-on-one meetings that successfully connected global capital with investment opportunities.

The AFF also marked the start of this year’s International Financial Week, featuring14 industry events that span a wide range of globally watched financial and business topics, including ASEAN opportunities, digital finance, green finance, family offices, private equity and alternative investments. Together, these events underscore Hong Kong’s unique role as the region’s most comprehensive and diversified international financial centre.

Hashtag: #hongkong #brandhongkong #AFF #Finance #Business #Economic





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CGTN: Europe on its Own Terms: Adapting a New Global Reality

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CGTN’s special feature focuses on Europe’s push for strategic autonomy amid global shifts.

BEIJING, CHINA – Media OutReach Newswire – 28 January 2026 – In an era defined by geopolitical recalibration, Europe stands at a pivotal juncture, grappling with the urgent need for strategic autonomy and reassessing its alliances. A chorus of European policymakers, thought leaders, and international observers analyzed the continent’s pathway forward as it adapts to a new global reality marked by evolving external dynamics.

The call for European independence has never been more pronounced. Ursula von der Leyen, President of the European Commission, has declared that this is Europe’s Independence Moment, highlighting the need for Europe to ensure its own defense. Hillary Mann Leverett, CEO of STRATEGA echoes that “Europe is going through a very difficult time”, noting the need for patience and effort to navigate current crises.

The quest for autonomy is driven by multifaceted challenges. An ongoing energy crisis, caused by the conflict in Ukraine, has seen electricity prices in major European economies soar to several times those in the US, straining industrial production and daily life.

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Europe is even more tested as transatlantic relations shift. French Senator Thierry Meissen says that “today, we must accept that the United States will prioritize its own interests.” European Council President Antonio Costa also acknowledged this new reality, stating “we already know that Europe and the United States do not share the same vision of the international order.”

In response, Europe is mobilizing resources to build self-reliance. The EU has committed substantial investment to develop its defense. Ursula von der Leyen outlines plans enabling up to 800 billion euros in defense investment by 2030. And analysts from the Bruegel think tank estimate that true strategic autonomy would require an additional 250 billion euros annually and 300,000 more troops. Additionally, the EU’s High Representative for Foreign Affairs Kaja Kallas identified joint procurement as a critical hurdle to overcome.

Facing this strategic shift, Europe is actively exploring diversified global partnerships to ensure stability and growth. Former Italian Prime Minister Romano Prodi also highlighted that “China and Europe together make more than one-third of all world trade.” He warned against isolation, stating “if we don’t stick together…we go into a certain depression.”

The potential for cooperation spans critical domains. In science, collaboration has evolved into a two-way street between China and European peers. The EU’s ‘Choose Europe’ package, a 500-million-euro incentive to attract global scientific talent, also contrasts with funding uncertainties in the United States, creating new avenues for scientific talents. On the green transition, synergies are evident. China’s leadership in clean-energy industries complements Europe’s Green Deal ambitions, presenting a vast cooperative canvas.

Yet, this reorientation is complex. Europe needs to balance its deep historical and economic ties with the United States with the opportunities presented by a rising China. Professor Cui Hongjian of Beijing Foreign Studies University noted the EU’s dilemma, finding it “very difficult to make a clear choice between China and the US.” Jens Eskelund, President of the European Union Chamber of Commerce in China, advocated for a relationship judged on its own merits. “We shouldn’t let our relationship be defined by a third party.”

The path to act on its own terms is further complicated by new economic realities. China’s rapid advancement has altered dynamics. “The perspective on who is learning from whom has been dramatically changing,” said Professor Eberhard Sandschneider of the Free University of Berlin. This new reality has spurred debates on “derisking”, which leaders caution could fragment supply chains, increase costs, and forsake mutual benefits. Alex Frederiksen, CEO of Vivino, advised focusing on long-term practical matters over short-term headlines, saying China is “unbeatable” in terms of density of high-quality companies.

Ultimately, European leaders are tasked with navigating a fundamental strategic question. Romano Prodi argued that the relationship must evolve from being neither enemies nor brothers toward becoming “equal partners and almost brothers.”

https://news.cgtn.com/news/2026-01-27/Europe-on-its-own-terms-Adapting-a-new-global-reality-1Khw2WpZ2Fy/p.html
Hashtag: #CGTN

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UnionPay Enables 25 International Wallets to Support Weixin Pay QR Code in China’ Mainland

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SHANGHAI, CHINA – Media OutReach Newswire – 28 January 2026 – When Thai tourist Naree visited Shanghai, she paid easily for coffee at a neighborhood café by scanning a Weixin Pay QR code using the same K PLUS mobile wallet as she used at home, because her mobile wallet was linked to her Thai UnionPay card.

Now international visitors from 11 countries and regions travelling to China’s mainland can enjoy the same seamless mobile payment experience just as Naree. The collaboration between UnionPay International and Weixin Pay (also known as WeChat) now supports 25 UnionPay-partnered international wallets. Users only need to link the local UnionPay cards or activate digital UnionPay cards in one of their digital wallets. Then they can make payments at restaurants, shops, and public transport systems across China’s mainland by scanning Weixin Pay or UnionPay QR codes. The funds will be automatically converted from their home currency into RMB, eliminating the need to download additional apps.

The 25 supported international wallets by country / region

Since launching in December 2024, the program’s coverage has steadily broadened. As more UnionPay-Partnered international digital wallets join the network, a growing number of visitors to China can enjoy a smoother payment experience.

A Milestone In UnionPay’s Project Excellence

The cooperation between UnionPay International and Weixin Pay marks the latest milestone in UnionPay’s Project Excellence. Under Project Excellence, over 200 e-wallets across 37 countries and regions outside China’s mainland can link to locally issued UnionPay cards.

To further enhance the payment experience for overseas visitors to China, UnionPay has also launched the SplendorPlus Card, a product specially designed to meet inbound travelers’ unique needs.

In 2025, the number of QR code transactions made in China’s mainland using UnionPay-partnered e-wallets issued outside the Chinese mainland increased by 100% year on year, while the value of these transactions increased by 75%.
Hashtag: #UnionPay

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