Page 146 - 2022 Special Report on the State of Business in South China
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ao, while the "second-line" refers to the - Traditional Chinese Medicine and Macao
area between Hengqin Island and other Chinese Branded industries
customs territories.
- Cultural Tourism, Convention and
Focusing on the mission to “advocate Macao's Exhibition, and Commercial and Trade Industries
moderate economic diversification,” the zone is
defined as: - Modern Financial Industry
- A new platform to boost Macao's economic Summary
diversification.
Macao will proactively integrate into the overall
- A new space for Macao residents to live national development plan to realize its economic
and work. diversification, by promoting the implementation
of the Guangdong-Macao Intensive Cooperation
- A new model to enrich the practice of ‘One Zone in Hengqin and deepening cooperation with
Country, Two Systems.’ Guangdong province in various aspects including
tourism, innovation and technology, and people's
- A new ground for building up the livelihoods. Macao will also pragmatically promote
Guangdong-Hong Kong-Macao Greater Bay Area. the development of the GBA, bridge economic
regulations and mechanisms of the three places,
The development goals contain116: accelerateflowsofresources;enhanceinfrastructure
interconnections, facilitate development of a
- By 2024, the mechanism of mutual modern financial services industry, participate in,
discussion, joint construction, joint administration and support the development of the “One Belt and
and share benefits between Guangdong and Macao One Road” initiative.
will run smoothly, and the supportive functions
for promoting Macao’s adequate economic
diversification will initially be seen.
- By 2029, the Cooperation Zone will
highly synergize with Macao’s economy, the
system for in-depth cohesion of regulations
will be comprehensively established, and the
results in promoting Macao’s adequate economic
diversification will be obviously achieved.
- By 2035, the economic strength and
technological competitiveness of the Cooperation
Zone will be greatly enhanced, and the goal
of promoting Macao’s adequate economic
diversification will basically be realized.
Focusing on Four Nascent Industrial Sectors117:
- Scientific and Technological Research and
High-end Manufacturing industries
116 Government site of Macao, https://www.gov.
mo/en/news/234180/
117 Government site of Macao, https://www.gov.
mo/en/news/234180/
146
area between Hengqin Island and other Chinese Branded industries
customs territories.
- Cultural Tourism, Convention and
Focusing on the mission to “advocate Macao's Exhibition, and Commercial and Trade Industries
moderate economic diversification,” the zone is
defined as: - Modern Financial Industry
- A new platform to boost Macao's economic Summary
diversification.
Macao will proactively integrate into the overall
- A new space for Macao residents to live national development plan to realize its economic
and work. diversification, by promoting the implementation
of the Guangdong-Macao Intensive Cooperation
- A new model to enrich the practice of ‘One Zone in Hengqin and deepening cooperation with
Country, Two Systems.’ Guangdong province in various aspects including
tourism, innovation and technology, and people's
- A new ground for building up the livelihoods. Macao will also pragmatically promote
Guangdong-Hong Kong-Macao Greater Bay Area. the development of the GBA, bridge economic
regulations and mechanisms of the three places,
The development goals contain116: accelerateflowsofresources;enhanceinfrastructure
interconnections, facilitate development of a
- By 2024, the mechanism of mutual modern financial services industry, participate in,
discussion, joint construction, joint administration and support the development of the “One Belt and
and share benefits between Guangdong and Macao One Road” initiative.
will run smoothly, and the supportive functions
for promoting Macao’s adequate economic
diversification will initially be seen.
- By 2029, the Cooperation Zone will
highly synergize with Macao’s economy, the
system for in-depth cohesion of regulations
will be comprehensively established, and the
results in promoting Macao’s adequate economic
diversification will be obviously achieved.
- By 2035, the economic strength and
technological competitiveness of the Cooperation
Zone will be greatly enhanced, and the goal
of promoting Macao’s adequate economic
diversification will basically be realized.
Focusing on Four Nascent Industrial Sectors117:
- Scientific and Technological Research and
High-end Manufacturing industries
116 Government site of Macao, https://www.gov.
mo/en/news/234180/
117 Government site of Macao, https://www.gov.
mo/en/news/234180/
146
