On August 14, the Guangdong-Macao In-Depth Cooperation Zone in Hengqin launched its second round of media tours to mark the third anniversary of its administrative organizations' inauguration. Highlighting the region's innovative governance and strengthened ties with Macao, the tours emphasized policy innovations aimed at advancing legal development and economic integration.
(GDToday:Eastbrook)
Over the past three years, Hengqin has achieved significant progress in aligning rules with Macao, with the mutual discussion, joint construction, joint administration, and shared benefits model serving as the foundation for collaborative governance.
(GDToday:Eastbrook)
Key developments include the collaborative mechanism with Macao that has undergone constant refinement and optimization, the launch of a closed-loop customs operation in March 2024, which has opened new opportunities for businesses within the region by reducing customs and operational costs, and legal integration within the Greater Bay Area, which has seen major strides, as the number of law firms and practicing lawyers in Hengqin has significantly increased.
Reporter | Eastbrook
Editor | Nan, Nina, James
