China Updates – September 2024
Explore the latest developments from the Chinese Mainland and Hong Kong this September. The Ninth Belt and Road Summit emphasized Hong Kong’s key role in advancing the Belt and Road Initiative, leveraging its position as Asia’s top fundraising hub. The Chinese Mainland’s new Five-Year Action Plan aims to boost urbanisation by enhancing social services and easing residency requirements. Hong Kong is also bolstering consumer protections for AI-driven financial services, with a focus on governance and data privacy. Additionally, China and Brazil celebrate 50 years of diplomatic relations, deepening trade ties as China becomes Brazil’s largest trading partner.
