Page 108 - 2020 Special Report on the State of Business in South China
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construction of innovation and entrepreneurship - Electronic information: Intelligent electronic
carriers, and building business incubation centers instruments, intelligent household appliances,
in development zones, industrial parks, universities automatic data processing equipment, next
and colleges in suitable cities. generation mobile communication equipment,
integrated circuits, new displays, multimedia
- Increase investment attraction: Each district equipment and key devices, etc.
and city and each park shall organize investment
teams to implement a precise investment - Food processing: Bird nest processing,
promotion action plan concerning the modern healthcare and halal food, special agricultural
logistics, digital economy, new energy, healthcare, products and seafood deep processing, etc.
finance, new manufacturing and new materials
industries. Investment in Foshan, Zhaoqing and - Materials and new materials: Palm product
other cities will be promoted to complete the extraction new materials, new alloy materials, new
resettlement of 30 well-known enterprises from chemical materials, new marine materials, etc.
the Greater Bay Area in 2021.
- Biotech: General southern medicine
Special Economic Zones and modern Chinese medicine, marine
biopharmaceuticals, agricultural biotech,
China-Malaysia Qinzhou Industrial Park biomedical healthcare, bioenvironmental
protection technology, etc.
The China-Malaysia Qinzhou Industrial Park
(“the Park”) is the third international park jointly - Modern services: Modern logistics, financial
built by the Chinese government and a foreign insurance, commercial exhibition, cultural leisure,
government. With the objective of building a technical consultation, service outsourcing,
demonstration area for China-ASEAN cooperation, education and training, regional headquarters
the China-Malaysia Qinzhou Industrial Park economy, etc.
positions itself as “an advanced manufacturing
base, an information wisdom corridor, a cultural As of May 24, 2019, (i) investment in the Park
and ecological new park, and a cooperation totaled more than Rmb15 billion, (ii) the developed
and exchange window”, and will also become a land covered more than 22 square kilometers, (iii)
new urban area for the “integration of industrial more than 380 enterprises had registered in the
functions and urban residences” which keeps Park, and (iv) more than 140 industrial projects had
pace with the main urban area and Binhai New settled in the Park. The preliminary development
Area of Qinzhou. The long-term expected area of pattern is dominated by strategic emerging
the China-Malaysia Qinzhou Industrial Park is 55 industries such as electronic information, new
square kilometers, with a planned population of energy vehicles, pharmaceuticals and high-end
500,000. The Park is divided into four areas: the equipment manufacturing.
Industrial Park, R&D Area, Supporting Service Area
and Residential Area. On June 14, 2019, the fourth meeting of the
China-Malaysia “Two Countries, Two Parks”
The China-Malaysia Qinzhou Industrial Park Council was held in Kuala Lumpur, Malaysia.
focuses on six major industries: equipment Mainland China and Malaysia reached a consensus
manufacturing, electronic information, food that the “Two Parks” will be the flagship project
processing, materials and new materials, biotech for the China-Malaysia cooperation. Together,
and modern services. The details are as follows: Mainland China will cooperate with Malaysia,
reach high-level consensus, coordinate on
- Equipment manufacturing: Construction development strategies and make overall plans
machinery, automobile and parts, power, for the "long-term and two-park" development.
agriculture and other special and general The two governments will: (i) actively promote
equipment, and medical equipment, etc. the innovation and development of the Park to
improve the business environment; (ii) improve

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