A New Beginning
Experts are optimistic about the prospects for the newly established Guangdong-Macao In-depth Cooperation Zone in Hengqin.
Following the announcement of the Zone’s Master Plan, business operators are now looking at future detailed polices concerning foreign investment.
It was in the making for some time and was widely expected. The Master Plan of the Guangdong-Macao In-depth Cooperation Zone in Hengqin issued on September 5th by the Communist Party of China Central Committee and the State Council hints at a transformation of the Macau economic development model, aligning it more with the whole process of regional integration.
“We are living exciting times. This is a very important announcement for Macau”, underlined Macanese economist José Sales Marques, president of the Institute of European Studies of Macau (IEEM), at a webinar held by IEEM in cooperation with Macau Business.