© Copyright 2002-2005 Kaizor Innovation Limited.

Should SMEs go to Shanghai or HK?

© Copyright 2002-2010 Kaizor Innovation Limited.

Oct 18, 2010

© Copyright 2002-2005 Kaizor Innovation Limited.

SHANGHAI...

© Copyright 2002-2010 Kaizor Innovation Limited.

Thursday 15th July 2010

Objectives

Key Industry 1: New Energy

Relevant customer service capability

Preliminarily cultivate relevant service

industry

Civil Aviation supporting industry

base phase I

Special aviation material R&D and test

manufacture

commercialization of avionics system R &D

center

R&D center for the engines of commercial planes will be set up

R&D Center

Establish first phase base for assembly and

R&D for large-sized passenger planes

Objectives

Output value reaches 20 billion in 2012Output value reaches 200 billion in 2025Output value reaches 20 billion in 2012Output value reaches 200 billion in 2025

Key Industry 2: Civil Aviation Manufacturing

Objectives

Key industry 3: Advanced Major Equipment

《 Shanghai Bio-PharmaceuticalsIndustry Development Action Plan （ 2009-2012 ）》

《 Shanghai Bio-PharmaceuticalsIndustry Development Action Plan （ 2009-2012 ）》

Objectives

Key Industry 4: Bio-Pharmaceuticals

250 billion RMB in 2012

IC80 bn RMB

Communications Equipment

Manufacturing120 bn RMB

New Display50 bn RMB

Objectives

Key Industry 5: Electronic Information Product Manufacturing

90 billion in 201290 billion in 2012

Objectives

Key Industry 6: New Energy Automobile

Objectives

Key Industry 7: Marine Engineering Equipment

special steel

new energy materials

rare-earth permanent magnetic materials.

ploymer materials

160 billion in 2012

Objectives

electronicmaterials

Key Industry 8: New Materials

Objectives

Key Industry 9: Software & Information Service

© Copyright 2002-2005 Kaizor Innovation Limited.

HONG KONG...

© Copyright 2002-2010 Kaizor Innovation Limited.

http://www.youtube.com/watch?v=GvEI2dgfK74

http://www.youtube.com/watch?v=kCbkgHYt9Sg

http://creativecities.britishcouncil.org/files/data/exploratory/Breakthrough%20cities%20report.pdf

Creative Cities Study: (UK British Council)

• Stable Biz Environment

• Transparent Rules of the Game

• Rule of Law

• Low Entry Barrier to Biz

• Low Tax

• Good IP Protection

• Entrepreneurship Culture

• Trust & Biz ethics

• Flexibility in Biz

• Creativity

• International Culture

• Quality Management Skills

• Easy to Obtain + Sustain Visa

• Raise Capital for Biz Expansion

• Low Rent

• Low Labor Costs

What SMEs need? HK v.s. SH

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SZ?

SZ? ✔

One Country, Two Systems

Forbes Tax Misery Index 2009

Source: Forbes Tax Misery Index 2009, Inland Revenue

Low and Simple Tax System

• NO VAT/GST or sales tax

• NO Capital gains tax

• NO Withholding tax on dividends and interest

• NO Estate duty

• NO Global taxation (offshore income and only HK-sourced income is taxable)

• NO Wine duty

• Only imposes three direct taxes - profits, salaries and property

http://boot.hk/

http://boot.hk/

Get in touch !

www.investhk.gov.hk

Email: enq@InvestHK.gov.hk

Tel: (852) 3107 1000