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The Hengqin Cooperation Zone has announced 185 sub categories of encouraged industries, focusing on four major areas and highlighting the connection between Qinhuangdao and Macao rules

2023-04-04   

On April 3rd, the National Development and Reform Commission announced the "Catalogue of Encouraged Industries in the Hengqin Guangdong Macao Deep Cooperation Zone" (hereinafter referred to as the "Industry Catalogue"), which mainly focuses on technology research and development and high-end manufacturing industries, traditional Chinese medicine and other Macao brand industries, cultural tourism exhibition and trade industries, modern finance industry, and other industries, with a total of 185 sub categories. The Overall Plan for the Construction of the Hengqin Guangdong Macao Deep Cooperation Zone specifies the development of new industries that promote moderate economic diversification in Macau, including technology research and development and high-end manufacturing industries, traditional Chinese medicine and other Macao brand industries, cultural and tourism exhibition and trade industries, and modern financial industries. The coverage of the Industrial Catalogue not only focuses on the four major fields to further refine the industrial categories, but also focuses on the convergence of rules with Macao, such as covering "the design, production and sales of food, drinks, condiments and health care products approved and registered in Macao and produced in the cooperation zone", "trade brokerage, agency and service between the mainland and Macao, Portuguese speaking countries and countries jointly building the" the Belt and Road "" and other industries. This series of arrangements will guide the development of new technologies, industries, formats, and models in the cooperation zone, promote the diversified development of industries in Macau, and accelerate the development and scale of the Qin'ao industry. The National Development and Reform Commission has announced that the Industrial Catalogue is an important basis for guiding investment directions, government management of investment projects, and formulating and implementing policies for the development of industries such as talent and land. Guangdong Province and relevant departments of the State Council should combine their functions to actively support encouraged industries in terms of project layout, funding arrangement, and factor guarantee. The Hengqin Cooperation Zone Management Committee and its executing agencies should fulfill their main responsibilities and carry out the organization and implementation of the Industrial Catalogue well. The National Development and Reform Commission will follow up, analyze, supervise and inspect the implementation of the Industrial Catalogue in accordance with the decisions and deployments of the Party Central Committee and the State Council, and promptly coordinate and solve difficulties and problems in the implementation process. (New News Agency)

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