Hengqin's four major industries have witnessed a booming development since the establishment of the Cooperation Zone, according to the announcement made by the Executive Committee on November 1.
Focusing on the strategic position outlined in the Hengqin Plan, the Zone has vigorously developed the four major industries (sci-tech research and high-end manufacturing; traditional Chinese medicine (TCM); cultural tourism, convention and exhibition, and modern finance), which aligns seamlessly with Macao’s “1+4” moderately diversified development strategy.
In terms of the TCM industry, the Cooperation Zone actively explored innovative models such as “Macao Registration + Hengqin Production”.
So far, 61 Macao-funded enterprises have been established in the Traditional Chinese Medicine Science and Technology Industrial Park of Cooperation between Guangdong and Macao.
Currently, the Cooperation Zone is thriving, with the four new industries flourishing. The joint efforts in investment promotion and capital introduction between Hengqin and Macao are bearing fruit, and a new pattern of coordinated industrial development between the two places is rapidly taking shape.
This year, Hengqin and Macao have sent delegations to Southeast Asia, Portugal, Spain, and other regions to seek new opportunities for integrated development, which have achieved remarkable results. And a number of overseas enterprises and foreign investors revisited the Cooperation Zone for more in-depth discussions recently.
Editor | Wing, Fanny
