15 October 2024
The Human Resources and Social Security Bureau of Nansha District of Guangzhou Municipality (“the authorities”) issued the “Notice in relation to Implementing the Subsidies Application Process for Encouraging and Supporting Hong Kong and Macao Youth for Entrepreneurship and Employment in the Guangzhou Nansha New District (Free Trade Zone)” (“the Notice”) on 15 October 2024. The authorities proposed that employers who recruit two or more youth from Hong Kong and Macao will be eligible for a recruitment incentive of up to RMB200,000. The application period for the incentive is from 15 October 2024 to 30 November 2024.