Hengqin Guangdong Macao Deep Cooperation Zone: Striving to Write a New Chapter of High Quality Development

2024-05-27

"I have been working as a chip design engineer for two years since I returned to my major. This is largely due to the openness and development of Hengqin," said Xie Rujian, a Macau born and raised post-90s youth and a master's degree in electrical engineering from the University of Macau. Seen from the map, the "inverted V" shaped the Pearl River estuary divides the Guangdong Hong Kong Macao Bay into the east and west sides. Zhuhai and Macau, sitting on the west bank, form an angle, surrounded by what Xie Rujian called the Hengqin on the inside. Hengqin is located at the southern end of Zhuhai, Guangdong, separated from Macau by a bridge and water, and has inherent advantages in cooperation between Guangdong and Macau. On the 106 square kilometer Hengqin Island, the spring tide surges and changes rapidly. Through the introduction of his senior brother Wang Zhijiong, Xie Rujian came to Hengqin and learned about the blueprint for creating a "gathering place" for global integrated circuit innovation industry and a "main battlefield" for Guangdong Macao integration. Without hesitation, he joined Lingyange Chip Technology Co., Ltd. and became a member of Hengqin's "scientific and technological innovation" team. "The company provides abundant training and project opportunities, allowing Macau fresh graduates to quickly integrate into their growth and showcase their expertise and abilities in high-end technology research and development positions." Xie Rujian sighed. The grand strategy started in 2009, and Hengqin sounded the horn of development and opening up; In 2015, the Hengqin area of Guangdong Pilot Free Trade Zone was listed; In September 2021, the Hengqin Guangdong Macao Deep Cooperation Zone was established, opening a new chapter in the integration of Guangdong and Macao; On March 1, 2024, Hengqin officially implemented line by line management, implementing the relaxation of the "first line" of goods and the management of the "second line", with highly convenient personnel entry and exit. This has contributed to the moderate and diversified development of Macau's economy, supported Macau's better integration into the overall development of the country, and continuously enriched the new practice of "one country, two systems" by injecting stronger momentum. Over the past 15 years, the total economic output of Hengqin has grown at an average annual rate of about 30%, with increasingly prosperous industrial development and a continuously elevated strategic position. In the first quarter of this year, the cooperation zone achieved a regional GDP of 12.112 billion yuan, a year-on-year increase of 9.2%. Among them, the added value of the secondary and tertiary industries increased by 32.2% and 8.0% year-on-year, respectively. The driving effect of high-end manufacturing was significant, and the technology research and development related industries achieved high-speed growth. The main economic indicators achieved a good start. "Innovation elements are accelerating the agglomeration, nurturing new driving forces for the development of the" four new "industries." Zhenyuan is a traditional Chinese medicine brand in Macau, and we produce and extract effective ingredients from Chinese medicinal materials and manufacture products in Hengqin. "Cai Pengdong, Executive Director of Molecular State (Hengqin, Zhuhai) Traditional Chinese Medicine Health Industry Development Co., Ltd., introduced that the company is a wholly-owned subsidiary of Molecular State (Macao) Traditional Chinese Medicine Technology Co., Ltd. in Hengqin. Currently, the main production workshop is located in Hengqin, where materials are imported from the mainland, rough processed in Hengqin, and then formulated in Macau. The products are exported overseas. "After implementing separate management in Hengqin, we feel that tax refunds are more direct. For example, I reported the raw materials to customs in the morning and received them in Macau in the afternoon, which is very convenient." Cai Pengdong said that in the future, traditional Chinese medicine enterprises in Hengqin will gradually gather, and the industrial cluster will generate brand effects. The development prospects of the traditional Chinese medicine health industry are promising. In September 2021, the Central Committee of the Communist Party of China and the State Council issued the "Overall Plan for the Construction of the Hengqin Guangdong Macao Deep Cooperation Zone", which proposed that "by the 25th anniversary of Macao's return to the motherland in 2024, the Guangdong Macao joint consultation, joint construction, joint management and sharing system mechanism will operate smoothly, innovative elements will be significantly gathered, characteristic industries will accelerate development, public services and social security systems will be orderly connected with Macao, and the number of Macao residents living and working in the cooperation zone will significantly increase. The integrated development pattern of the Hengqin Macao will be preliminarily established, and the supporting role of promoting moderate and diversified development of the Macao economy will be preliminarily manifested." Anchoring this strategic goal, the construction of the Hengqin Guangdong Macao Deep Cooperation Zone will be accelerated. In Hengqin, the Macau elements of innovation and entrepreneurship are increasingly prominent, and the development of new quality productivity is strong. "In recent years, Australian funded enterprises engaged in scientific and technological research and technology services in the cooperation zone have achieved rapid growth. The University of Macau and the Macau University of Science and Technology Research Institute have entered a period of intensive cooperation between institutions and enterprises, and have built and introduced 8 research and development centers, carrying out a total of 369 scientific research projects. A total of 746 Hong Kong and Macau projects have been incubated, and the number of Macau start-ups in the park has reached 289." Su Kun, Deputy Director of the Executive Committee of the Hengqin Guangdong Macao Deep Cooperation Zone, said. After implementing separate line management in Hengqin, the import of self used instruments and equipment by enterprises can enjoy tariff and value-added tax reductions, which can reduce procurement and operating costs for enterprises like us that require a large amount of advanced instruments and equipment. With the support of other talents and industrial policies in the cooperation zone, it can provide greater impetus for the company's development Liao Zhijun, CEO of Xinchao (Zhuhai) Technology Co., Ltd., said. The latest data shows that the operating entities of Hengqin Australian capital have performed actively. In 2023, there were 16385 enterprises in the "Four New" industries of Hengqin Guangdong Macao Deep Cooperation Zone, including technology research and development and high-end manufacturing, Macau brand industries such as traditional Chinese medicine, cultural tourism exhibition and commercial industries, and modern financial industries, with a year-on-year increase of 10.2%; The added value of the "Four New" industries reached 21.808 billion yuan, accounting for 46.2% of the regional GDP of the cooperation zone. "As of the first quarter of this year, the total number of Australian enterprises reached 6123, an increase of 32.05% compared to before the listing of the cooperation zone, accounting for 11% of the total number of enterprises in the cooperation zone. In 2023, the operating revenue of large-scale Australian enterprises was 20.885 billion yuan, a year-on-year increase of 35.7%." Su Kun explained. On April 23, one of the supporting activities of the 6th Ministerial Conference of the China Portuguese Speaking Countries Economic and Trade Cooperation Forum (Macau), the Entrepreneurs Conference, was held in Macau. Representatives of companies from Portuguese speaking countries expressed high concern for the business environment of the Hengqin Guangdong Macao Deep Cooperation Zone, especially showing strong interest in preferential policies for companies from Portuguese speaking countries. They are interested in visiting the cooperation zone to explore investment opportunities. Currently, a new pattern of coordinated development is taking shape, with headquarters in Macau, operations in Hengqin, production in Qinao, and markets overseas. The cooperation zone is adjacent to Macau and has inherent advantages in Guangdong Macao cooperation. Taking advantage of Macau's openness and free port advantages in connecting with the international community, especially Portuguese speaking countries, we will innovate and build a new industrial linkage development model with Macau, which includes "Macau platform+international resources+Hengqin space+achievement sharing". Qinzhou Macao will work together to carry out integrated joint overseas investment promotion. In 2023, Hengqin and Macau formed the "Aoqin Joint Investment Promotion Delegation" to go abroad for investment promotion, jointly carrying out international investment promotion, and conducting 24 investment docking activities in countries and regions such as Singapore, Indonesia, Spain, and Brazil. They focused on introducing the business environment and favorable policies for industrial development in the cooperation zone and Macau to local government departments, chambers of commerce, leading enterprises, and investors. At the same time, they collaborated with Macau to hold the Hengqin 2023 Global Investment Promotion Conference with high standards, successfully attracting over 400 entrepreneurs from 38 countries and regions to attend, and jointly introducing a group of high-quality enterprises from overseas to settle in Macau or the cooperation zone. Driven by a series of activities, the Hengqin Guangdong Macao Deep Cooperation Zone in 2023 has attracted more than 10 exchange and inspection teams from countries and regions such as Angola, Brazil, Portugal, Singapore, Malaysia, and Australia to visit and seek cooperation, with a density of once every two weeks. Up to now, the cooperation zone has successfully introduced Vipshop, Tiktok, Baidu, Xiaohongshu, Yingke Station B and other Internet leading enterprises have attracted well-known companies such as Bangui of the United States, Alentas of Germany, the headquarters of European Airbus Helicopters in China, Wanda, Yuantong, Longji Lvneng, etc. The new talent collaboration model of "residing in Macau, working in Hengqin" and "researching in Macau, transforming in Hengqin" has been realized. The synergy of talent introduction is a key measure for the integrated development of Qinhuangdao and Australia. "Macau and Hengqin are promoting the 'Qin Macao Collaborative Talent Attraction Plan', leveraging Macau's comprehensive advantages such as international connectivity, low tax rates, and an international living environment to attract overseas talents to live in Macau and better carry out international exchanges and cooperation. Hengqin can connect with the vast market in mainland China and provide competitive talent policies, technology, and industrial policies." said Chu Pengfei, Vice President of the Institute of Diversified Economic Development in Hengqin Guangdong Macao Deep Cooperation Zone. High quality industrial space is an important guarantee for the landing of industrial projects, and also an important measure for promoting industrial synergy in Qinhuangdao and Macao. In order to support the expansion of space for Macau's branded industrial enterprises, serve the transformation of high-tech enterprises and universities into scientific and technological achievements, the Hengqin Guangdong Macao Deep Cooperation Zone plans to build industrial spaces such as the Macau Brand Industrial Park and the "Specialized, Refined, Unique, and New" high-end manufacturing industrial park, and orderly guide Macau's traditional Chinese medicine, jewelry, and diamond processing enterprises to operate and develop in the cooperation zone, expand production space and market scale, and better integrate into the development of the cooperation zone. As a joint venture integrated circuit design enterprise between Guangdong and Australia, why has Xinchao Company settled its headquarters in the Hengqin Guangdong Macao Deep Cooperation Zone? Liao Zhijun said, "The support for the integrated circuit industry policy in the cooperation zone is very strong nationwide. Coupled with the 'double 15%' tax policy, it has great appeal to high-level talents from both international and mainland China, and is unique nationwide. The advantage of Hengqin's proximity to Hong Kong and Macao allows for easy access to international lifestyles and the convenience of international travel. It is very important for high-tech start-ups like Semiconductor Trend, which require a large number of high-end talents, to connect with the Macao public service system and create a new space for high-quality living. Strolling through the Hengqin Mangzhou Wetland Park, one can see" a row of egrets rising to the blue sky ", and the fragrance mixed with coastal forests and tropical flowers comes to one's face.". "When you go out, you can see the greenery, when you open the window, and when you see the flowers all year round, Hengqin has a beautiful ecological environment and comfortable living." Macau resident Kang Xingqin said that Hengqin has now become his second home. Living in Macau and working in Hengqin is becoming an increasingly popular choice among Macau residents. The first comprehensive livelihood project created for Macau residents through cooperation between Guangdong and Macau, "Macau New Neighborhood," has received enthusiastic market response since its launch. As of the end of 2023, more than a thousand people have subscribed, and the first batch of owners have received the real estate authorization letter at the beginning of this year. The comfortable living space of Hengqin Guangdong Macao Deep Cooperation Zone is being formed, and the attractiveness of Hengqin's new home is gradually increasing. The cooperation zone connects with Macau's public services and social security system, such as education, healthcare, and social services, effectively expanding the high-quality living space of Macau residents, promoting the establishment of schools for Australian children, supporting the operation of health stations in the "Macau New Neighborhood" project in accordance with Macau's medical service model, and creating a living environment that is similar to Macau. It is reported that the livelihood index related to Australia in the cooperation zone has significantly improved. As of the end of February this year, there were 15595 Macau residents living and residing in the cooperation zone, nearly 5000 Macau residents employed in the cooperation zone, 274 Macau students enrolled, and 1289 Hong Kong and Macau professionals practicing cross-border. In 2023, there were approximately 3.85 million Macau residents entering and exiting through the Hengqin Port, and approximately 1.3 million Macau vehicles with single license plates, an increase of 67.39% and 52.94% respectively compared to the same period in 2022. In recent years, the two regions of Qinhuangdao and Macau share the same cultural heritage, are geographically close, and have close social connections. In the field of culture and art, the two regions have continued to engage in exchanges and cooperation, as well as characteristic cultural brand activities such as the "Flower Sea Joy Season" and "Macao Hengqin Art Market" and "Light and Shadow Show", which have attracted enthusiastic participation from residents of Qinhuangdao and Macau, effectively promoting cultural integration and people to people communication between the two regions. This year marks the 75th anniversary of the founding of the People's Republic of China, the 25th anniversary of Macau's return to the motherland, the 3rd anniversary of the establishment of the Hengqin Guangdong Macao Deep Cooperation Zone, as well as the 5th anniversary of the release of the Development Plan for the Guangdong Hong Kong Macao Greater Bay Area and the first phase of the overall plan for the construction of the Hengqin Guangdong Macao Deep Cooperation Zone. March 1st

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