www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

Global EditionASIA 中文雙語Fran?ais
China
Home / China / GBA focus

The journey's on to carve out HK's new chapter

By Oswald Chan, Su Zihan and Ao Yulu | HK EDITION | Updated: 2022-05-13 15:29
Share
Share - WeChat

Raising competitiveness

Rex Ho Yun-hang, Asia Pacific financial services tax leader for PwC Hong Kong, notes that implementing these initiatives would reduce and, hopefully, reverse any brain drain by creating more jobs and attracting new talents from various industries to Hong Kong. He agrees that the Greater Bay Area, as a launch pad, can provide Hong Kong with significant opportunities to tap the vast mainland market and help Hong Kong build a solid foundation to fortify its international financial status.

“We recognize the importance of strengthening the interconnection mechanism between the mainland and Hong Kong financial markets,” says Ho. “Apart from those that have been proposed, we should expand the mechanism to other assets, such as carbon trading and real-estate investment trusts.”

At the same time, Hong Kong should stay ahead of the curve in promoting other asset classes such as infrastructure and digital assets, says Ho. “Lee’s objectives will make Hong Kong more vibrant and diverse by transforming the city from a traditional to a modern international financial center. They will foster deeper links with the Chinese mainland and our regional neighbors.”

Another of Lee’s pledges is to raise Hong Kong’s overall competitiveness and pursue sustainable development as the city’s economic vitality and competitiveness have been buffeted by COVID-19 and other internal and external reasons.

Lee’s manifesto lays out six core policies to achieve the goal, including lifting Hong Kong’s international financial position and promoting its core strengths as well as turning the city into a world technology center.

In Eden Wong’s view, the SAR government should introduce more resources and policies to attract and retain tech-savvy talent, or upgrade the capabilities of the local workforce with relevant technology skills.

Therefore, the government should consider commissioning a large-scale review of the skills, training and workforce development needs of Hong Kong, including reassessing the skills and capabilities of the workforce, the key skills and competencies that will be in high demand in the medium to long term, as well as the potential to achieve targeted reforms in the education and training system.

Ho believes that Hong Kong’s simple tax system and low tax rate are two of the pillars for maintaining the city’s competitiveness. The Organization for Economic Cooperation and Development’s BEPS (base erosion and profit shifting) 2.0 project unveiled in October last year, which includes a proposal to introduce a global minimum corporate tax of 15 percent from as early as next year, will have a great impact on international tax rules, he says.

In the context of a post-BEPS era, Hong Kong should review its existing tax concessionary regime and consider introducing new rules to bolster Hong Kong’s competitive edge. The government should actively engage with stakeholders and multinational enterprises to ensure that any changes made to its tax regime and tax administrative system are practical and viable for the future, says Ho.

|<< Previous 1 2 3   
Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
 
主站蜘蛛池模板: 欧美日本在线一区二区三区 | 欧美精品午夜久久久伊人 | 欧美日韩无 | 九九九在线视频 | 国产精品免费精品自在线观看 | 国产精品三级国语在线看 | 一区二区三区不卡在线 | 亚洲女精品一区二区三区 | 久久国产亚洲观看 | 中文字幕精品在线观看 | 韩国免费毛片在线看 | 一级毛片不收费 | 久久精品免费观看视频 | 久在草视频| 精品国产v无码大片在线观看 | 一本大道香蕉久在线不卡视频 | 老头巨大粗长xxxxx | 久艹视频在线观看 | 九九视频精品在线 | 国产精品无码久久综合网 | 欧美日韩一级二级三级 | 成人影院久久久久久影院 | 国产一区二区三区久久精品小说 | 在线免费一区二区 | 久草久草视频 | 久久草在线看 | 欧美国产日本高清不卡 | 国内精品久久久久久久影视麻豆 | 国产精品免费看久久久香蕉 | 亚洲品质自拍网站 | 欧美夜夜骑 | 国产不卡精品一区二区三区 | 成在线人永久免费播放视频 | 亚洲午夜精品在线 | 香蕉超级碰碰碰97视频在线观看 | foot国产女王脚视频 | 国产成人精品一区二三区在线观看 | 国产成人经典三级在线观看 | 欧洲女同互慰在线视频 | 成人毛片国产a | 欧美在线一区二区 |