china-hotel china-hotels
Home China Global
Info Center
Destinations Flight Comparison Community guangzhou-hotels
My Account
canton-fair-hotel
Intermediary Service Industry Seeks Ties with HK
Update: 9/9/2007 3:15:00 AM Source: Wentrip
Guangzhou is seeking closer ties with Hong Kong for the intermediary service industry development.

"Intermediary service industry will be a focal part of Guangzhou's strategy to accelerate the development of its tertiary industry in the coming five years," said Sun Lei, deputy director of Guangzhou Foreign Trade and Economic Cooperation Bureau, at a seminar in Guangzhou.

"More frequent idea exchanges and closer cooperations in the field will definitely boost the development of the city's intermediary service industry and will be win-win for both Guangzhou and Hong Kong," he said.

"Guangzhou will be able to benefit from Hong Kong's professional service and management experience, while Hong Kong will get access to many more business opportunities in Guangzhou," he noted.

Official statistics indicate that Guangzhou has 743 foreign-funded intermediary institutions, 404 of which, or 54 percent, are Hong Kong-invested ones.

He said that the intermediary services in the fields of legal affairs, accounting, management consultations, ad, design, market research, housing agency, trading platform and car service have much potential for development in Guangzhou.

And the fourth amendment of CEPA, to be effective from January 1, 2008, will make it possible for intermediary institutions and professionals in Hong Kong to involve more in the intermediary services in Guangzhou.

The amendment covers 38 different sectors and will allow Hong Kong service providers to operate more diversified service agencies in varied forms in Guangdong Province.

Several representatives from Hong Kong's service industry suggested that Guangzhou should step up efforts to secure qualified professionals and to improving related trainings programs in order to keep the development of the intermediary service industry on track.

"The most important essence of the intermediary service industry boils down to good human resources," they said.

Reliable sources say that Hong Kong investors have turned more to modern service industry than manufacturing industry since 2004 when the CEPA was implemented.

About half of the projects Hong Kong business people have invested in the past couple of years are related to the tertiary industry. (By Zhan Lisheng)


Editor: canton my


Canton Fair Hotel Special  Hong Kong Hotel Deals  Compare and Reserve International Flights

canton-fair-hotel

Related News

  • Move to Cut Toll on Highways
  • Overseas Campers Seeking Roots
  • Guangzhou Airport Inks Deal to Enhance Cargo Business
  • 50 Forest Parks to Be Built in Guangzhou
  • "Workshop of Canadian Seafood and Chefs' Cuisine" for Delica
  • Canton Fair Hotels | Canton Fair Hotel | Canton Fair Review | Canton Fair 2011 | 109th Canton Fair | China Hotels Review | Canton Fair
    Site Map | About Us | Terms and Conditions | Privacy | Communities | Contact Us | Links
    Foire de Canton Hôtels Chine | La Feria de CANTÓN Hoteles | Übersicht Kanton-Messe Hotels | Fiera di Canton Hotel Cina | Feira de Canton Hotéis
    Canton Fair 2011 | Shanghai Hotels | Guangzhou Hotels | Shenzhen Hotels | Dongguan Hotels | Beijing Hotels | China Hotels | China Accommodation
    Hangzhou Hotel | Shanghai Hotel | Guangzhou Hotel | Shenzhen Hotel | Dongguan Hotel | Beijing Hotel | Canton Fair | XiAn Hotel | Qingdao Hotel
    Hong Kong Hotels | Taipei Hotels | Tokyo Hotels | Los Angeles Hotels | Las Vegas Hotels | New York Hotels | HongKong Hotels | Frankfurt Hotels
    Copyright@2011, WenTrip.com. All Rights Reserved.