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Entrepreneur in Guangzhou stretches for success

By ZHENG CAIXIONG in?Guangzhou | chinadaily.com.cn | Updated: 2021-12-06 16:52
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Waldo Wong helps a client stretch. [Photo by Zheng Erqi/chinadaily.com.cn]

With expansion in mind, Wong said he is now cooperating with local universities, sports departments and hospitals to help train more physical therapists.

More than 40 percent of his current customers are local residents who do office work, he said.

Wong noted that the Guangzhou government and related departments have introduced a series of preferential policies to encourage and attract young people from Hong Kong and Macao to start a business or be employed in the city in recent years. He now rents an apartment owned by the government at 30 percent of the market price and an office at 50 percent of the market price.

The cost to start a business in Guangzhou is lower than in Hong Kong, he said.

Meanwhile, special forums and lectures have been organized to promote and interpret national and local policies, laws and regulations to help youth from Hong Kong and Macao start businesses. Efforts include visits to museums to see relics that will help them better understand the culture and history of their motherland, he said.

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