China Briefing Releases New Business Guide for the Greater Pearl River Delta

December 14, 2011 Posted by China Briefing Reading Time: 3 minutes

Dec. 14 – China Briefing has just released the fourth edition of its regional business guide “The Greater Pearl River Delta: Business Guide to South China” – offering business-minded individuals an up-to-date reference source for all of the key issues concerning setting up and successfully operating a business in South China.

By leveraging its proximity to the special administrative regions of Hong Kong and Macau, the Pearl River Delta (PRD) became the “Greater PRD” – China’s manufacturing heart and a region connected not only through financial ties but through a web of government initiatives to encourage its integration. This has included Closer Economic Partnership Arrangements and massive infrastructure developments such as the Hong Kong-Zhuhai-Macau Bridge.

Having risen to prominence around the pillar cities of Guangzhou and Shenzhen, the Greater PRD today is the home of high-technology in China. While Hong Kong is the regional management center for many high-technology firms, Shenzhen, Dongguan, and Guangzhou are being joined by Zhuhai and Huizhou as centers for the manufacturing of high-technology goods.

Despite the increasing amount of manufacturing heading to other countries, the PRD region is reinventing itself and remains the first choice for many investors. Approximately 75 percent of the foreign-invested companies based in the PRD region have a primary business focus of providing goods or services to the Chinese market, according to the American Chamber of Commerce in South China’s annual Special Report on the State of Business in South China (2011).

The Greater Pearl River Delta is usually defined to include nine cities in Guangdong Province plus the special administrative regions of Hong Kong and Macau. In this regional guide, we also include the neighboring provinces of Fujian, Guangxi and Hainan.

“The Greater Pearl River Delta: Business Guide to South China (Fourth Edition)” is available for immediate PDF download on the Asia Briefing Bookstore, priced at US$40.

Content:

1. Setting the scene

The China picture
The PRD in perspective

2. Provinces and cities of the PRD

GUANGDONG PROVINCE – Dongguan, Foshan, Guangzhou, Huizhou, Jiangmen, Shenzhen, Zhongshan, Zhuhai
FUJIAN PROVINCE – Fuzhou, Xiamen
GUANGXI PROVINCE – Nanning
HAINAN PROVINCE – Haikou
Hong Kong
Macau

3. Establishing business

Setting up in China
Business taxes
Development zones
Appendix, directory, references

This guide was written in collaboration with Dezan Shira & Associates, a boutique professional services firm providing foreign direct investment business advisory, tax, accounting, payroll and due diligence services for multinational clients in China. In South China, the firm maintains offices in Hong Kong, Shenzhen, Guangzhou, and Zhongshan. For more information on conducting business in China, please contact china@dezshira.com, visit www.dezshira.com, or download the firm’s brochure here.