China News Service, Beijing, March 8 (Congratulations to Liu Yueqing and Zhu Congratulations) The Hengqin Guangdong-Macao Deep Cooperation Zone was officially closed for operation in early March. Zhang Mingxing, a member of the National Committee of the Chinese People’s Political Consultative Conference of Macao, was interviewed during the National Two Sessions and said that the closure of the Guangdong-Macao Deep Cooperation Zone will accelerate the interconnection between Hengqin and Macao. For mutual communication, it is recommended to establish Hengqin University Town, "so that the majority of students can have access to international education in Hengqin."

  The "Overall Plan for the Construction of the Hengqin Guangdong-Macao In-depth Cooperation Zone" issued in 2021 sets the connection between Hengqin and the Macao Special Administrative Region as the "first line"; the connection between Hengqin and other areas within the customs territory of the People's Republic of China is set as the "second line".

After the customs closure, the cooperation zone implemented a tax policy and supervision model that liberalized the "first line" and controlled the "second line".

Since the establishment of the Hengqin Guangdong-Macao Deep Cooperation Zone, the degree of integration in various fields has continued to deepen.

The picture shows the Research Institute of Science and Technology of UM Zhuhai.

Photo by China News Service reporter Yi Haifei

  "This model will help break down the original constraints and barriers." Zhang Mingxing pointed out as an example that in order to encourage Qinao to carry out processing and manufacturing, parts that do not contain imported materials or contain imported materials produced by enterprises in the cooperation zone will be processed in the cooperation zone to add value. Goods that reach or exceed 30% are exempt from import duties when entering the mainland through the "second line".

"I believe that relevant advantages will attract more high-end manufacturing companies to settle here, and more world-class industry forums and large-scale exhibitions will be held here, driving investment and consumption to flourish."

  Data show that in 2023, the regional GDP of the cooperation zone will reach 47.253 billion yuan, the total number of Australian-funded enterprises will reach 5,952, and the number of Macao residents working and living will increase to 11,400.

Zhang Mingxing believes that to further promote the moderately diversified development of Macau's economy, sustained and stable human resources are needed.

The development of higher education can quickly gather people and gather popularity. It is recommended to increase investment in infrastructure and build Hengqin University Town.

  He expressed the hope that not only Macau universities would be allowed to build new campuses in Hengqin, but also well-known universities from the mainland and overseas would be gradually introduced to set up schools in Shenzhen He District.

  In addition to educational resources, Zhang Mingxing also hopes that mainland entrepreneurs will come to Macao for exchanges and exchanges, actively cooperate with Macao enterprises, and give full play to mutual promotion.

In terms of business environment, it follows the logic of Qin'ao's industrial development and refines and deepens key areas to truly develop industry and solve employment problems.

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