Gourmet Guangzhou:Guangzhou has had 28 restaurants designated Bib Gourmand in 2019 as the Michelin Guide confirmed the finalists via its official WeChat account. Read more.
Design Hub:Construction of the Guangzhou Design Capital project is under way. The RMB1.75 billion development in the Baiyun district is being touted as the GBA’s biggest design industry cluster. Read more.
Cross-Border Lending:The Bank of Communications has done the country’s first cross-border financing deal involving property collateral, helping a private enterprise in Nansha get a RMB40 million low-cost loan based on property assets in Hong Kong. Read more
Macau Visitors:Macau visitors on package tours rose 16.4% YoY in May, to 827. In the first five months, there were 4.12 million package tour visitors, up 14.7% YoY.