Qianhai’s Optimized Business Environment Better Supports Hong Kong Women Entrepreneurs

SHENZHEN, China, June 17, 2022 /Xinhua-AsiaNet/– On June 15, an event themed “Chinese with the Same Root; Carnival of  Shenzhen-Hong Kong Hand-in-hand” was held in Qianhai, South China’s Guangdong  province, and live-broadcast in Hong Kong and Macao simultaneously. Attended by Hong Kong female entrepreneurs from Qianhai Shenzhen-Hong Kong Youth Innovation and Entrepreneur Hub (QSHKYIEH), the event was to celebrate the 25th anniversary of Hong Kong’s return to the motherland, according to Authority of Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone.

“Guangdong-Hong Kong-Macao Greater Bay Area Development Strategy-National Women Entrepreneur and Innovation Base” was established by QSHKYIEH in 2019 and up until now, the base has incubated a total of 41 female entrepreneurial teams.

To date, the female entrepreneurs from Hong Kong are playing an important role among the Qianhai youth entrepreneurs. An example is Sisley Cheng, vice president of the Qianhai’s Hong Kong Chamber of Commerce and a leader of the QSHKYIEH-National Women Entrepreneur and Innovation Base. She started living in Qianhai in 2018. “What attracts me here is the beautiful environment, pleasant greenery and modern cityscape. It’s also easy to get around. My company in Hong Kong is very close to Qianhai, normally a half-hour drive.”

In 2020, Sisley Cheng moved her career to Qianhai as well. At the Hub, she launched the “Bays Work Accelerator Program”, which helps Hong Kong companies quickly land in the Guangdong-Hong Kong-Macao Greater Bay Area by reducing operating costs. “When starting a business, you always have this or that confusion. At the National Women Entrepreneur and Innovation Base, training and exchange activities can provide Hong Kong entrepreneurial women in Qianhai with ideas to get over their confusion,” said Sisley Cheng.

Hong Kong women entrepreneurs in Qianhai are busier than one can imagine. Ruby Fang is among these busy bees.

From studying law overseas to making a complete career change to becoming a professional fashion designer, Fang has never lacked a halo: Hong Kong’s Ten Outstanding Young Persons, founder of Ruby Fang haute couture clothing brand, etc. However, she still does not dare slacken on the road of entrepreneurship in Qianhai. As she depicted, “As soon as I open my eyes, competition begins.”

This is the actual state of the entrepreneurial women in QSHKYIEH. Like Ruby Fang, many other Hong Kong female entrepreneurial teams are looking for more possibilities here.

Qianhai is magnetizing more and more ladies to start up for its constantly optimized business environment. “What Qianhai impresses me most is its ‘youthfulness’ and ‘service,'” said Sisley Cheng. “The female entrepreneurial friends around me all like Qianhai’s atmosphere.”

To better serve Hong Kong entrepreneurial women, Qianhai is said to improve its business environment constantly. Lately, it has carried out the “Talent Service and Support Program,” integrating 451 services for international talents in government, business and life, forming a full coverage of public talent services in Qianhai. “Whatever difficulties the female entrepreneurs may have, in work or life, we can get a quick response after communicating with Qianhai Administration or QSHKYIEH,” said Sisley Cheng.

Qianhai’s benign business environment and friendly atmosphere give Hong Kong businesswomen who have come to make their dreams bigger more confidence and thinking about the future. Just like Ruby Fang said, as an entrepreneurial woman, how to live and work meaningfully in the new era is a worthy subject to study. The prospect of “She-Power” is promising in Qianhai.

Source: Authority of Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone

Pakistan to exit FATF grey list after ‘on-site visit’

The Financial Action Task Force has announced that Pakistan has substantially completed its two action plans and would be removed from the grey list after it passes the on-site visit.

According to Foreign Office, the Financial Action Task Force reviewed Pakistan’s progress on FATF Action Plans in its plenary meetings held in Berlin from Monday till Friday. FATF has acknowledged the completion of Pakistan’s both Action Plans (2018 and 2021) and has authorized an onsite visit to Pakistan, as a final step to exit from the FATF’s grey list.

The FATF members while participating in the discussion on Pakistan’s progress, congratulated Pakistan for completing both Action Plans covering 34 items, and especially on the early completion of the 2021 Action Plan in a record timeframe.

Pakistan continued its relentless efforts towards successful completion of these Action Plans despite many challenges including the COVID 19 pandemic.

Pakistan has covered a lot of ground in the AML/CFT domain during implementation of FATF Action Plans. The engagement with FATF has led to the development of a strong AML/CFT framework in Pakistan and resulted in improving of our systems to cope with future challenges.

The Pakistan delegation, which attended FATF Plenary meetings in Berlin, was led by Minister of State for Foreign Affairs / Chairperson National FATF Coordination Committee Hina Rabbani Khar.

Source: Radio Pakistan

Timely import of edible oil from Indonesia averted impending oil crisis in country: PM

Prime Minister Shehbaz Sharif says timely import of edible oil from Indonesia has averted the impending oil crisis in the country.

Talking to Minister for Industries and Production Makhdoom Murtaza Mahmood in Islamabad on Friday, the Prime Minister said the 2.5 million metric tons of edible oil being imported from Indonesia will reduce oil prices in the country.

The Prime Minister appreciated the special efforts of Federal Minister for importing edible oil from Indonesia.

Source: Radio Pakistan

Marriyum reiterates Govt’s resolve to control inflation in country

Minster for Information and Broadcasting Marriyum Aurangzeb has reiterated the government’s resolve to control inflation in the country.

In a statement on Friday, she said inflation is result of poor policies of PTI government that played havoc with the economy of the country during last three and half years.

Reacting to PTI Chairman’s call for protest on Sunday, the Minister for Information said people have rejected Imran Khan’s politics of chaos and anarchy.

Source: Radio Pakistan

Pakistan’s accession to Apostille Convention will facilitate overseas Pakistanis: PM

Prime Minister Shehbaz Sharif says Pakistan’s accession to Apostille Convention will facilitate and ease a significant burden on Pakistanis traveling and living abroad.

In a tweet today [Friday], he said creating smooth processes for our citizens is government’s priority.

He said now Pakistani notarized documents will be accepted over one hundred countries.

The Prime Minister said citizens will be able to notarize their important legal documents such as marriage certificate, degrees and more via Ministry of Foreign Affairs’ designated officials in Pakistan which will be internationally accepted without the need for any further verification.

Source: Radio Pakistan

President stresses need to explore GB’s potential in Mining, Agriculture & tourism sectors

President Dr Arif Alvi says Gilgit-Baltistan has great potential in Mining, Agriculture and tourism sectors and this need to be explored for development.

Talking to members of Gilgit-Baltistan Assembly in Gilgit, he said talented and skilled manpower is required to utilize the natural resources of Gilgit-Baltistan for the development and prosperity of the region.

The president said as an ambassador of Gilgit-Baltistan, he has advertised the beauty of the province at various forums to attract tourists to the region.

Dr Arif Alvi said Gilgit Baltistan is tax free but a small Taxation system should be set up to collect tax from tourists visiting the region.

Our Gilgit correspondent Sher Muhammad reports that the president interacted with elected representatives and assured to address their problems.

Source: Radio Pakistan