Since the beginning of this year, Hengqin and Macao have joined hands together and started a series of joint investment promotions at home and abroad. It’s obvious to see the steady growth of their global appearance and stronger international business ties.
In March and April, Macao and Hengqin formed a joint delegation to go abroad to attract investment. Nearly 350 business matchmaking meetings were held in Singapore, Malaysia, Indonesia, Portugal, Spain and other countries, and 17 cooperation agreements were signed.
Meanwhile, to secure the implementation of the projects, Hengqin launched a global roadshow for its 3rd Hengqin International Scientific and Technological Innovation and Entrepreneurship Competition, whose prize pool is up to 300 million yuan. A considerable amount of promotional events for the competition were held in Portugal, the Republic of Korea, Singapore and other countries and regions. So far, the competition has attracted 1,359 projects from the United States, the United Kingdom, Singapore, the Republic of Korea, Brazil, Germany, Sweden as well as from domestic provinces and cities, China's Hong Kong SAR, Macao SAR and Taiwan.
The 2023 Global Investment Promotion Conference of the Guangdong-Macao In-depth Cooperation Zone in Hengqin was held in May. Participants included more than 400 representatives from 38 countries and regions, including China, France, Portugal, Canada, Japan, and Australia. Hengqin also launched its programs such as "Global Investment Partner" and "Global Investment Ambassador", for the first time, aiming at establishing high-quality partnerships with companies around the world.
As of the end of July this year, more than 30 inspection teams from Brazil, Portugal, France, Italy, Malaysia, Hong Kong and other countries and regions have had a ground tour of the business environment and investment potential of Hengqin.
Macao, as a free and open economy, enjoys the status of a free trade port and a separate customs territory with a simple tax system, and has extensive international connections. Hengqin is at the forefront of China's reform and opening-up, and has its unique advantages in industrial and personnel policies. The partnership between Hengqin and Macao serves the best interests of both regions. In the future, Hengqin will continue to boost the moderate diversification of Macao's economy and Macao will also help Hengqin as a renowned international platform.
Reporter: Eastbrook
Editor: Olivia, Nan, Monica, Jerry
