BEIJING, April 25 (Xinhua) -- Hengqin New Area of Zhuhai, a part of China (Guangdong) Pilot Free Trade Zone, has continuously strengthened the cooperation with Hong Kong and Macao since its establishment four years ago in 2015.
According to the local government of Hengqin, it has implemented 370 institutional innovations in four years.
In industrial cooperation, 24 projects have been provided with land and a total of 75.6 billion yuan has been invested in Industrial Park of Cooperation between Guangdong and Macao, 126 enterprises have registered in Traditional Chinese Medicine Science and Technology Industrial Park of Co-operation between Guangdong and Macao and 336 projects have been incubated in Inno Valley HQ.
In business, 2,787 Hong Kong and Macao enterprises have registered in Hengqin. Besides, Hong Kong, Macao and Chinese mainland have more areas in cooperation, covering legal, construction and finance. Joint-ventured law firms and construction consulting companies have been operated in Hengqin.
In people’s livelihood, Hong Kong’s and Macao’s professionals in investment and construction are admitted to practice in Hengqin, and Macao residents can remotely handle business registration and tax-related business. (Edited by Tong Wei, tongwei@xinhua.org)
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