20 18- 19 in the hong kong budget, it is proposed to expand the geographical scope of the Bader special fund to the ASEAN market and launch the ASEAN plan.
In the 20 19-20 budget, it is proposed to further introduce optimization measures, expand the scope of IMF assistance to all economies that have signed free trade agreements with Hong Kong, and launch the "Free Trade Agreement Plan" (including the existing ASEAN Plan) to allow enterprises to explore new markets and new business opportunities.
Then, on April 9, 2020, the Hong Kong government implemented a new round of optimization measures for the "special fund for brand development, upgrading and transformation, and expanding the domestic market", including expanding the funding scope of the fund to cover all economies that have reached free trade agreements with Hong Kong.
Hongyuan International helps small and medium-sized enterprises to apply for BUD special fund to carry out projects in the mainland or other economies that have signed free trade agreements with Hong Kong.