Beijing to release Hong Kong yacht policy details in mid-June

Beijing will unveil implementation details as early as mid-June for a policy allowing Hong Kong-registered yachts easier access to designated mainland ports in the Greater Bay Area.

The State Council is revamping maritime policies, exempting Hong Kong and Macau yachts from customs guarantees and simplifying registration in the Greater Bay Area.

The policy applies to yachts temporarily entering and leaving through designated ports in nine mainland cities: Guangzhou, Shenzhen, Zhuhai, Foshan, Huizhou, Dongguan, Zhongshan, Jiangmen and Zhaoqing, provided the vessels remain within the jurisdiction of those cities.

The Port of Nansha is among the designated maritime facilities and the only one in Guangzhou, although specific locations have yet to be disclosed. The Transport and Logistics Bureau said the new policies would enable individual yacht travel within the area, as they significantly reduced the financial burden on Hong Kong and Macau yacht owners and allowed them to obtain temporary certificates without affecting their original vessel registration.

The bay area is an ambitious scheme launched by Beijing in 2019 to link nine mainland cities with Hong Kong and Macau into an integrated economic powerhouse.

Articles connexes

Illustration of China's central authorities announcing supportive policies for Hong Kong in the 15th Five-Year Plan, featuring skyline and press conference.
Image générée par IA

China's central authorities to roll out more policies for Hong Kong: spokesperson

Rapporté par l'IA Image générée par IA

Chinese central authorities will continue rolling out more policies and measures that benefit the Hong Kong Special Administrative Region during the 15th Five-Year Plan period, a spokesperson said on Wednesday. The central authorities will make further arrangements in the 15th Five-Year Plan for national economic and social development to support Hong Kong in leveraging its unique strengths and playing a significant role.

High-end yacht owners in China warn that water-use restrictions and other structural gaps are hindering industry growth, even as billionaire Richard Liu’s recent venture seeks to make yachts affordable for the masses.

Rapporté par l'IA

Guangdong province pledged to actively align with Hong Kong’s Northern Metropolis strategy in its 15th five-year plan released on Tuesday. The document mentions the Guangdong-Hong Kong-Macau Greater Bay Area 57 times and targets about 5% average annual economic growth for 2026-2030.

Hong Kong authorities will negotiate with operators in Guangdong to secure additional places for elderly residents amid rising demand for cross-border care homes. The number of Hongkongers using the scheme has grown ninefold since the end of 2022.

Rapporté par l'IA

On December 18, Hainan became a separate customs territory from mainland China, exempting around 6,600 categories of goods from tariffs—about 74 per cent of taxable imports—to support sustainable growth as a free-trade port. The island province, home to more than 10 million people and slightly larger than Belgium, aims to move beyond its tourism-centred economy following three speculative booms and busts.

Amid recent Middle East tensions, Hong Kong's insurance authority has backed a special pool providing cheaper war-risk coverage for Chinese ships in the Gulf. Launched last November, the pool now covers 10 mainland Chinese vessels and strengthens Hong Kong's role as a regional marine insurance hub. Officials emphasize the cost advantages over London markets.

Rapporté par l'IA

China's Ministry of Transport and three other government bodies have released an action plan to deeply integrate artificial intelligence into the shipping industry by 2027, including at least three pilot zones and more than 100 smart vessels. The strategy aims to bolster maritime operations and address bottlenecks amid global competition. By 2030, Beijing seeks to fully master key technologies and achieve a globally advanced level.

 

 

 

Ce site utilise des cookies

Nous utilisons des cookies pour l'analyse afin d'améliorer notre site. Lisez notre politique de confidentialité pour plus d'informations.
Refuser