"The use of Hengqin's proprietary core technologies to promote the development of the manufacturing industry will benefit both the diversified growth of Macao's industries and Macao's integration into the overall national development," said Lei Zhen, a member of the 13th Guangdong Provincial Committee of the Chinese People's Political Consultative Conference (CPPCC) as well as CEO of Zhuhai Nanometals Technology, when talking to GDToday during the 2023 Two Sessions of Guangdong.
As the CEO of a new material company settled in Guangdong-Macao In-depth Cooperation Zone in Hengqin, Lei Zhen thinks highly of the development of sci-tech research and high-end manufacturing in Hengqin, which are also two of the area's four major industries.
"Hengqin's strongest advantage lies in its preferential policies. As an in-depth cooperation zone, Hengqin benefits from the 'One Country, Two Systems', as it has gathered the merits of both the Chinese mainland and Macao's institutional systems. Hengqin can utilize Macao's advantages in international platforms and capital, and the mainland's advantages in policies, as well as industrial and supply chains", said Lei Zhen.
Nanometals Technology has realized the industrialization of proprietary core material technologies and applied them to the downstream manufacturing industry. Lei Zhen hopes the core materials made in Hengqin can help China upgrade its manufacturing development in the future.
As the border reopens between Chinese mainland, Hong Kong, and Macao, Lei believes that the increasingly convenient nature of personnel and capital exchanges will promote the economic development of Hengqin, and provide Macao residents with a broader development space.
Reporter: Catherine, Will
Video: Eastbrook
Editor: Wing, Nan, James
