Jack Lam, the 45-year-old Hong Kong businessman proposed in early 2017 to build a platform to help more people from the special administrative regions of Hong Kong and Macao start up their businesses on the mainland.
Special working groups have been supported to be set up in Guangzhou to encourage Hong Kong, Macao, and Taiwan youths to start innovation and entrepreneurship in the city.
The Guangzhou municipal science and technology bureau has released a document outlining the subsidies which will be on offer in 2021 for entrepreneurial Hong Kong and Macao youths who start businesses in Guangzhou.
Construction on the passenger terminal project in Guangzhou's Pazhou, which will boast shipping lines heading to Hong Kong and Macao, started on May 26.
Experts from Hong Kong and Macao are eligible to be chosen among Guangzhou's science expert group for the first time.
The entrepreneur center for Hong Kong and Macao youths in Guangzhou's Nansha district is currently home to 153 entrepreneurship groups, of which 103 of them are from Hong Kong and Macao.
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