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finally! hk-zhuhai-macau bridge to open !

the hong kong-zhuhai-macau bridge connecting the east and west sides of the pearl river delta in south china will officially open . the liaison office of the central government in the hong kong special administrative region revealed .

finally! hk-zhuhai-macau bridge to open next week!

© image | topick

 

opening ceremony on tuesday

chinese president is expected to attend the opening ceremony of the hong kong-zhuhai-macau bridge on october 23. the confirmation of the opening details for the mega bridge intensified the anticipation that had been building for weeks across the guangdong-hong kong-macau greater bay area, whose development is expected to receive a major boost from the bridge.

the ceremony will be held indoors on tuesday in guangdong province, on an artificial island, home to zhuhai port, according to a source familiar with the matter. after the ceremony, the bridge is expected to open for traffic later in the day, the source said.

charge

 

for toll collection of the bridge, the toll collection station is located in mainland china. vehicles from hong kong will not be charged in rmb until the completion of the journey to zhuhai. the charge for each journey will range from rmb 60 to rmb 300:

finally! hk-zhuhai-macau bridge to open next week!

© image | topick

  • private cars, taxis: rmb 150

  • normal truck: rmb 60

  • buses include transit bus: rmb 200

  • shuttle bus: rmb 300

  • container truck: rmb 115

 

the launch of the world’s 

longest sea crossing

 

the hzmb, more than a decade in the making, is a 55-kilometer-long bridge-island-tunnel complex across the pearl river delta. the project also includes a 6.7-km undersea tunnel. the tunnel links to the bridge via two artificial islands.

according to government documents, the ports in hong kong, zhuhai and macau, built and managed by the respective local governments, will be open 24 hours daily.

finally! hk-zhuhai-macau bridge to open next week!

© image | scmp

 

zhuhai and macau will cooperate to implement a one-off customs clearance in the two ports, allowing travelers to finish the exit and entry process in one operation.

the total cost to build hzmb is about 120 billion yuan ($17.3 billion). the burden is shared in different proportions by the hong kong, zhuhai and macau governments, in accordance with an assessment of prospective economic benefits for the three cities.

within an hour’s drive of each city

 

the bridge will put the three cities it links within an hour’s drive of each other and is expected to boost economic development and tourism in hong kong, which has invested hk$120 billion (us$15.3 billion) in the project.

the sources said around 800 customs and immigration officers were ready to start work at the hong kong control point of the bridge on the 130-hectare artificial island to the northeast of the airport at chek lap kok.

 

45 mins to travel from 

hk airport to zhuhai

a new x-ray facility, costing tens of millions of dollars, that could simultaneously screen two cross-border container lorries and produce high-resolution images would be used at the control point, they said.

finally! hk-zhuhai-macau bridge to open next week!

© image | scmp

 

the bridge will provide a fast lane to the western part of the pearl river delta, guangdong and guangxi. a trip between the kwai chung container port and zhuhai would be reduced from about 3½ hours to an hour and 15 minutes.

and it would only take around 45 minutes to travel from hong kong international airport to zhuhai instead of the current four hours.

top 10 most admired companies in china for 2018!

fortune china released the ranking of china’s most admired companies for 2018 on sept 19. it surveyed 359 companies, which mainly come from china’s top 500 enterprises, chinese firms in the world’s top 500, as well as some well-known chinese large companies.

 

measuring criteria included: 

  • management quality, 

  • product or service quality, 

  • innovation ability, 

  • the value of long-term investment, 

  • financial status, 

  • ability to attract and retain talents, 

  • social responsibility, 

  • reasonable use of assets

  • effectiveness in global operations.

let’s take a look at the top 10 most admired companies in china for 2018.

10

tencent 

industry: internet, internet service

top 10 most admired companies in china for 2018!

© image | 视觉中国

09

sany heavy industry co ltd 

industry: manufacturing

top 10 most admired companies in china for 2018!

© image | 视觉中国

08

crrc corporation limited 

industry: manufacturing

top 10 most admired companies in china for 2018!

© image | 视觉中国

 

07

sf express

industry: transportation, logistics

top 10 most admired companies in china for 2018!

© image | sf

 

06

kweichow moutai co ltd 

industry: food, beverage

top 10 most admired companies in china for 2018!

© image | 苹果日报

 

04

(tie) alibaba group 

industry: internet, internet service

top 10 most admired companies in china for 2018!

© image | 视觉中国

 

04

(tie) xiaomi corp 

industry: electronics, electrical equipment

top 10 most admired companies in china for 2018!

© image | 视觉中国

03

haier group

industry: electronics, electrical equipment

top 10 most admired companies in china for 2018!

© image | 东方ic

 

02

zhuhai gree group co ltd 

industry: electronics, electrical equipment

top 10 most admired companies in china for 2018!

© image | 东方ic

10

huawei investment and holding co ltd 

industry: telecommunications, communication and communication equipment

top 10 most admired companies in china for 2018!

© image | 东方ic

free shipment tracking is available now!

your shipment not only concern your business,

 

it is more like your baby.

 

the moment your shipment is put into a container,

 

it is ready for a long sea journey ahead.

 

just like parents care their baby,

 

you care the same much to your shipment.

 

a storm may arise from a clear sky,

 

shipment on the sea face potential risks.

 

even there are supports from modern techs,

 

from the minute it departures port.

 

you want your eyes on your shipment,

 

you want to know it’s status dynamically.

 

that’s why you need a tool,

 

to help you track your shipment in real time.

 

 hacos offers a tool like that,

 

it is incorporated into wechat app,

 

it means that you can track your shipment anytime anyplace.

 

it’s simple and convenient.

 

don’t wait, your shipment needs your attention.

 

now, open hacoslogistics and track it!

here is the phone screenshot guide 

free shipment tracking is available now!

tap to zoom

open hacoslogistics and click “tracking”

free shipment tracking is available now!

tap to zoom

input your shipment info and click “go”

then you can see your shipment status.

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free shipment tracking is available now!

how to open a china bank account? complete guide here!

how does one open a bank account in china? whether you’re a foreigner who is on a travel visa or somebody who is living in china on a residence permit, opening a bank account in china has many benefits. 

how to open a china bank account? complete guide here!

© image | google

 

# here’s a quick guide to help you open a china bank account.

thankfully, opening a bank account in china isn’t a very complicated process. at worst, you may run into a branch bank that doesn’t quite know how to deal with foreigners opening an account, but all that means is that you may need to head to a primary bank in your city.

there are plenty of other good china banks including, but not limited to:

how to open a china bank account? complete guide here!

  • boc (bank of china)

  • abc (agricultural bank of china)

  • icbc (industrial and commercial bank of china)

  • china construction bank

also, are you not sure if you need to open a bank account in china?

consider this: if you want to buy train tickets online or do any sort of online shopping on taobao (china’s amazon-like marketplace), you must have a local bank account.

3 easy steps to open 

a china bank account

 

step #1: proper preparation

preparation can be broken down into two simple categories: 

  • choosing your bank,

  • gathering the appropriate documents.

choosing your bank 

the most important factor to consider when choosing your bank is convenience. 

as far as a foreigner is concerned, there’s not a huge difference between all the banks, so please choose yours based on convenience. which branches and atm’s do you see most often in your city or near your neighborhood?

convenience is key.

also, your account is tied to the specific branch in which you open it. so if you need to change your pin, report a stolen card or something of this sort you’ll need to go back to that exact branch. another reason to pick one near you.

what documents do you need? 

believe it or not, the only thing you need to bring with you to the bank when opening a new account is a passport. they may ask you for a small deposit of 10-20 rmb and some banks might make you pay for the card they give you, so bring about 50 rmb as a precaution.

how to open a china bank account? complete guide here!

© image | dreamtime

step #2: opening bank account

 

once you’ve picked the bank and put your passport and cash in your pocket, set aside an hour or two and head over to the nearest bank branch.

if you have a local friend that can accompany you it might speed up the process, but it’s not a must.

how to open a china bank account? complete guide here!

© image | bankofchina

the first place you need to stop is the information desk to speak with the staff and get a wait number. tell them that you are opening a new account and often they can help you fill out the form.

when your number is called, provide them with your passport and the form. they’ll have you sign a few other documents, tell you how much money is required for deposit and hand a new unionpay bank card.

how to open a china bank account? complete guide here!

© image | 东方ic

at some point during the process, a small keypad next to you will light up and scream at you to input a password. all china bank passwords are 6 digits long and you’ll probably have to input it a few times while you’re there.

that’s it! keep the paperwork they give you and enjoy your new unionpay debit card!

step #3: using your bank account

 

there are a few different ways you might find yourself using your new china bank account and your unionpay card, and each might require specific actions.

how to open a china bank account? complete guide here!

© image | google

using the atm

this is the easiest way to utilize your account. you can withdraw cash from the atm and even deposit cash in some of them.

making purchases online

if you think you’ll be buying things on taobao or another china merchant, you’re going to need to specifically ask for them to turn on internet banking. otherwise, the card simply won’t work to purchase. 

wire money

each branch has its own wire instructions, so specifically, ask your bank what you need. to learn more about moving money internationally, you can read our articles we posted before.

enjoy using your china bank account, whether for daily living or investment! we hope this was helpful and please let us know any questions or additions in the comment below.

how to open a china bank account? complete guide here!

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