Category Archives: News

GBA Briefs: 5/15/2020

  • A pilot previously given the all-clear for Covid-19 after his return to Hong Kong from London a month ago has tested preliminary positive for the coronavirus during a trip to a local hospital for surgery. If confirmed, the infection is likely to raise concerns over further transmission of the disease, after the man came into contact with more than a dozen people at Princess Margaret Hospital. SCMP.
  • It will soon become cheaper for mainland residents to buy critical-illness insurance in the Greater Bay Area. This is thanks to the China Actuary Association, which recently released the “Prevalence Rate of Major Disease Experience in the Chinese Life Insurance Industry”. It includes for the first time a “GBA Table” for serious diseases, which is seen as a prerequisite for the launch of GBA-wide critical-illness insurance products. This is the first time in China that a region – the nine Guangdong cities of the GBA – have been able to set their own differentiated pricing for insurance. It is expected to being premiums closer to the levels enjoyed in Hong Kong and Macau and, eventually, result in their cross-border equalization.  SCN.

Continue reading GBA Briefs: 5/15/2020

GBA Briefs: 5/14/2020

Prices ease: Inflation is gradually subsiding across Guangdong, with the CPI index for April slipping to 4.1%, down from 5.2% in March. Driving this was an easing in food prices, as the effects of last year’s pork shortages began to ameliorate: in April, food prices fell by 2.2%, a decrease of 2.1 percentage points from the previous month. Non-food prices also slowed their rise, falling by 0.2% over March, although it was encouraging to see that inflation in services picked up, by 0.3%. SCN.

Guangdong clear: Guangdong has had no confirmed cases of the coronavirus for 14 straight days. Tests continued to be carried out for asymptomatic cases, with 6.79 million having been done so far at a detection rate of 6.2 per 100,000 population. SCN.

Continue reading GBA Briefs: 5/14/2020

GBA Briefs: 5/11/2020

Back to school, II: After 1.87 million senior high school students resumed classes across Guangdong two weeks ago, it was the turn of 5.5 million elementary and secondary pupils to return today. They were faced by screening checks and disinfectant spray-downs at every turn. SCN.

Asymptomatic cases: As of today, Guangdong has tested more than 3.6 million people for the coronavirus, with only 398 showing up as asymptomatic. Testing continues among public transport workers, teachers, and a wide range of other professions. SCN.

Continue reading GBA Briefs: 5/11/2020

Guangdong launches ‘Industrial Internet’ parks

Guangdong has stablished the first eight of ten planned “5G + Industrial Internet” parks – demonstration zones where key manufacturing companies can experiment with the development of “new infrastructure”. 

Guangzhou and Huizhou each have two of the parks. The other four are in Shenzhen, Foshan, Zhuhai and Zhanjiang. Dongguan has not yet been awarded a park, despite being home to Huawei’s R&D center, as well as the two smartphone giants, Oppo and Vivo. The provincial government has said, however, that construction of a second batch of parks is under way. 

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GBA Briefs: 5/8/2020

Shenzhen Blue: Shenzhen is launching a series of post-epidemic measures to clamp down on rising levels of pollution. Called “Shenzhen Blue”, the campaign aims to take 60,000 old vehicles off the roads, tighten emission standards on cars, trucks and ships, and – incredibly – ban the use of outdoor barbecues. SZN.

Futian gold: The Futian district court has set a precedent for online auctions of confiscated goods. In the first case, it managed to sell six gold bars at a value of 1.1 million yuan, after nine people signed up for the auction. There were 7,962 “onlookers”. SZN.

Continue reading GBA Briefs: 5/8/2020

Coronavirus update: not long now

Guangdong added one new imported case yesterday. No patient was discharged, with 6 still in hospital. (Data: Guangdong Health Commission)

Hong Kong reported four new imported cases, from a flight that returned from Pakistan. The city’s tally is at 1,044. 12 patients were discharged in the past 24 hours, with 105 still in hospital. Here is a Covid-19 tracker, which lists all currently hospitalized cases, with travel history.

Across the rest of the country, two new imported cases were reported, according to the National Health Commission. There was no local case. Asymptomatic cases dropped further to 880, as 29 were released from monitoring and no new case was reported.

Continue reading Coronavirus update: not long now

GBA Briefs: 5/7/2020

Trains down: Guangzhou South Railway Station, Guangdong’s hub for arrivals from outside the province, saw traffic recover to around one-third of last year’s Labor Day holiday. Around 1.38 million passengers arrived and departed from the station over the May 1-5 period, a decrease of 2.247 million or 62% YoY. The highest passenger flow was May 1st, reaching 365,000. DY.

Cathay downsizing: Cathay Pacific is looking at “structural change” as it investigates how to downscale its business in the wake of the coronavirus crisis. This includes scenarios that could reduce staff headcount, routes served and planes flown, as well as the possible consolidation of its airline brands. “No firm direction has yet been set,” the company emphasised. SCMP.

Continue reading GBA Briefs: 5/7/2020

Coronavirus update: nearly there

Guangdong added no new case yesterday. 4 more patients were discharged, with only 5 still in hospital. (Data: Guangdong Health Commission)

Hong Kong reported no new case, keeping the city’s tally at 1,041. 12 patients were discharged in the past 24 hours, with 105 still in hospital. Here is a Covid-19 tracker, which lists all currently hospitalized cases, with travel history.

Across the rest of the country, two new imported cases were reported, according to the National Health Commission. There was no local case. Asymptomatic cases dropped further to 903, as 64 were released from monitoring and no new case was reported.

Continue reading Coronavirus update: nearly there

GBA Briefs: 5/6/2020

WeSpend: Data from Alipay and WeChat Pay has shown a surge in consumer spending over the Labor Day holiday, which ended yesterday. Guangdong led the charge among 29 provinces, with nearly half a billion yuan of e-coupons driving consumption by a factor of 11 times over the first three days. Total spending was expected to be higher than the same period last year, and back to pre-coronavirus levels. Compared with the first five days of March, spending on the leisure and entertainment industry jumped 521.60%, the catering industry by 216.25%, the retail industry by 48.44%, and the travel industry by 64.48%. SCN.

Whither tourists? Guangdong received 18.615 million tourists who generated tourism revenue of 10.36 billion yuan over the Labor Day five-day holiday, official data has shown. No indication was given of how much that was down on the same period in 2019. SCN.

Continue reading GBA Briefs: 5/6/2020

Coronavirus: One case nationwide

Guangdong added no new case yesterday. Two more patients were discharged, with only 9 still in hospital. (Data: Guangdong Health Commission)

Hong Kong reported no new case, keeping the city’s tally at 1,041. 19 patients were discharged in the past 24 hours, with 117 still in hospital. Here is a Covid-19 tracker, which lists all currently hospitalized cases, with travel history.

Across the rest of the country, one new imported cases was reported, according to the National Health Commission. There was no local case. Asymptomatic cases dropped further to 947, as 30 were released from monitoring and no new case was reported.