Hengqin released the first special preferential policy for Australia

2023-03-01

The Executive Committee of the Hengqin Guangdong-Australia Deep Cooperation Zone held a press conference on the 28th to announce that the first special preferential policy for Australia in the cooperation zone, the "Measures for Supporting the Development of Australian Enterprises in the Hengqin Guangdong-Australia Deep Cooperation Zone", was officially printed and issued. It will support qualified Australian enterprises in terms of brand landing incentives, business incentives, research and development fee subsidies, and provide new opportunities for Australian enterprises to expand business space in the cooperation zone. "On the basis of the series of preferential policies launched by the former Hengqin New Area, we summarized relevant experience, optimized policy measures, and improved the accuracy and effectiveness of policy support." Fu Yongge, deputy director of the Executive Committee of the Hengqin Guangdong-Australia Deep Cooperation Zone, said that the support measures will reduce the operating costs of Australian enterprises in the cooperation zone, and enhance the confidence of Australian people and enterprises in the development of the cooperation zone. The support measures are mainly aimed at industries that meet the requirements of the General Plan for the Construction of Hengqin Guangdong-Macao Deep Cooperation Zone and promote the moderately diversified development of Macao's economy. No matter how large or small, as long as they meet the conditions for the identification of Australian enterprises and operate in the cooperation zone substantively, they can enjoy rent subsidies, decoration subsidies and other benefits. Let Macao's fledgling enterprises open the mainland market with the help of their experience in the cooperation zone, and also provide Macao's small and micro enterprises and entrepreneurs with a one-stop service entrepreneurial base with controllable costs, beautiful environment. The support measures clearly stipulate that the investors of Australian enterprises should be Macao residents, and the total shareholding ratio should not be less than 25%. It stipulates that the beneficiary Australian enterprises should not move out of the cooperation zone within five years from the date of receiving the subsidy. "Since the establishment of the cooperation zone, we have issued special support policies for integrated circuits, biomedicine and big health industries, and provided higher support and rewards for Australian enterprises or Macao talents. The cooperation zone will strive to create an open, fair, transparent and predictable business environment," Fu Yongge said. It is reported that the cooperation zone is also expected to introduce talent incentive policies this year, promote the development of exhibition industry, tourism industry and other industry-related policies, and timely update the policy requirements or introduce corresponding supporting measures on industry-related needs. (Xinhua News Agency)

Edit:Hou Wenzhe    Responsible editor:WeiZe

Source:XinhuaNet

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