13TH FIVE YEAR PLAN

The development of incubators has outpaced the Chinese government’s planning, as investors and related institutions are taking it as one of the important venues to recruit talented technopreneurs. Although finance is among the keys to helping related start-ups become scalable businesses, technopreneurships are keen to seek equity investors that are of the capacity to offer technological and commercial support. Apparently, Hong Kong is in a position to meet such demand. More

China’s 13th Five-year Plan is set to promote innovation as a long-term strategy to facilitate growth. This has produced huge demand from “technopreneurs” for not only financial resources but also support in areas such as technology, market connections and entrepreneurial development. With advantages like access to foreign technology, markets and financing channels, Hong Kong is well-placed to capitalise on the demand from flourishing technopreneurialism on the mainland. More

Guangdong has proposed to build a well-off society by 2018 as its new five-year goal in economic development, aiming to raise its gross regional product and urban and rural residents' per capita income by 100% over 2010 and shore up the provincial well-off ratio to over 97% by 2018. More

“Real estate tax” has been included in the legislative plan of the National People's Congress Standing Committee for this year. According to sources, the draft of real estate tax legislation has basically been completed and is currently soliciting opinions internally and undergoing improvement. More