China is a country that clearly understands that for the stable development of the country is firstly necessary to have stable and developed economy. Actually in order to achieve this goal, China is modernizing its system (including tax system - http://hbcomp.ru/about/news_and_mailings/news_jurisdictions/3316/), looking for new ways of cooperation with prospective jurisdictions. One of them is Hong Kong. It is a major emerging financial center, which also aims to develop the environment for business investments and increase the attractiveness for investors from all around the world. With the introduction of a special zone in China for cooperation with Hong Kong it will become possible not only to invest in Chinese companies in Hong Kong, but also it will appear an opportunity for financial institutions in Hong Kong to invest in companies of China as a result of doing business in mainland China. This innovation will undoubtedly be very attractive to investors and will help to use the new tax schemes.
On the basis: http://en.ec.com.cn/investchina/investchinadevelopmentzone
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