First anniversary of Guangdong-Macao In-Depth Cooperation Zone in Hengqin marks significant progress
横琴方案一周年初见成效
On September 5, 2021, China issued a general plan for building a Guangdong-Macao In-Depth Cooperation Zone in Hengqin, accelerating the deep cooperation between Guangdong and Macao.
2021年9月5日,《横琴粤澳深度合作区建设总体方案》发布,助推粤澳合作跑出“加速度”。
The economic development of the Cooperation Zone has come through with flying colors, as the issuance of the plan for building a Guangdong-Macao In-Depth Cooperation Zone in Hengqin came into its second year.
《横琴粤澳深度合作区建设总体方案》公布一周年之际,合作区交出了一份经济发展的考卷。
The zone's GDP reached nearly 22.4 billion yuan in the first half of this year. The value-added in the financial industry amounted to 8.2 billion yuan for the same period — up 11 percent.
Over the past year, based on the resource endowment and development foundation of Guangdong and Macao, Hengqin has promoted greater development of the real economy in line with the nation’s policy orientation, and expanded the new space for Macao residents to live and work on the mainland. Besides, it has developed a new and opening-up system for Guangdong-Macao integration, optimized the new mechanism following the principles of extensive consultation, joint contribution, joint management and shared benefits between Guangdong and Macao. The cooperation has promoted Macao’s adequate economic and industrial diversification, and injected new vitality into the development of Guangdong-Macao In-depth Cooperation Zone, which are expected to deepen cooperation between Guangdong and Macao.