Photo: Nanfang Plus
The Guangdong-Macao In-Depth Cooperation Zone in Hengqin has launched its annual subsidy program to support the development of the financial sector. Eligible firms can apply for funding of up to 50 million yuan, with applications open until July 11.
The program is designed to provide sustained, policy-based support for financial enterprises that are registered and operating within the island. This year's scheme covers a broad range of activities, including business establishment, operational expansion, capital increases, and mergers or acquisitions.
Macao-funded financial institutions will benefit from preferential treatment, receiving subsidies at 1.2 times the standard rate, as part of Hengqin’s efforts to deepen regional cooperation in finance.
Applications must be submitted through the official enterprise service platform (https://ycfz.hengqin.gov.cn/#/home). Authorities are encouraging recipients to use digital yuan corporate wallets to receive funding, as part of ongoing efforts to promote digital finance.
Firms are required to ensure the accuracy and authenticity of all submitted materials. False claims will lead to disqualification, fund recovery, and legal consequences. In cases where multiple support criteria are met, only the most favorable subsidy will be granted.
Reporter: Zeng Xiangxing
Editor: Hu Nan, James, Shen He
