12th China-LAC Business Summit held in Hengqin
The 12th China-LAC Business Summit was held at the Zhuhai International Convention & Exhibition Center in Shizimen Central Business District from 1 to 3 November.
The Zhuhai Government has relaxed some rules around Macau-licensed vehicles entering Hengqin, with three new categories added for those looking to apply for entry.
Effective from 8 June 2018, owners of Macau-licensed vehicles who own real estate classified as residential, office or retail in Hengqin New Area are able to apply for one Macau-licensed vehicle per unit to enter.
Owners of Macau-licensed vehicles who are now working in Hengqin, hold an employment contract and pay social security in Hengqin can also apply.
Finally, anyone classified as a “special talent” as well as staff of Macau-based companies that are cooperating with the Hengqin government or any state-owned enterprises in Hengqin can apply for one vehicle each.
The amended measures include a relaxing of requirements for the eligibility of Macau-funded Independent Legal Entities registered in Hengqin and the removal of a previous tax requirement on Macau-based companies operating in Hengqin.
The measures now stipulate only that those companies with a “physical business premises in Hengqin and that have actually operated to carry out business” or those who have acquired land in Hengqin are allowed to apply for a maximum of three Macau-licensed vehicles per company to enter.
The amended measures will be valid for five years.
Qualified vehicle owners who want to apply for an entry license must first submit their application materials and related certifications through the Zhuhai government website for an online pre-review. If they pass the pre-review, the owner will then go through an inspections process at an agency approved by both the Guangdong and Macau governments.
After passing the inspection, the owner can file their full application to the Administrative Office of the Hengqin Government.
According to government figures, as of 11 June the total number of Macau-licensed vehicles to have been approved stood at 539. Of those, 505 are currently valid. Another 446 Macau-licensed vehicles have submitted their applications to enter Hengqin.
The 12th China-LAC Business Summit was held at the Zhuhai International Convention & Exhibition Center in Shizimen Central Business District from 1 to 3 November.
Guangdong-Macau Cooperative Development Fund Management Co. will invest RMB2 billion to ensure completion of Hengqin Science City Phase I by 2021 and the inception of Phase II.
Trial operations of the submerged Hengqin Tunnel – Zhuhai’s first underwater passageway and the first sea-area composite large-diameter shield tunnel in China – commenced on 1 November.
On 23 October, Chinese President Xi Jinping announced the opening of the Hong Kong-Zhuhai-Macau Bridge at an opening ceremony in Zhuhai.
Chinese President Xi Jinping visited Hengqin’s GMTCM Park last Monday 22 October
Covering the 41st to 72nd floors of the 330-meter Zhuhai Tower, the luxury hotel features a signature butler service and world class dining.
Australia’s Ashleigh Barty achieved the biggest win of the year after taking out the 2018 WTA Elite Trophy Zhuhai at Hengqin International Tennis Center on Sunday.
The 12th China-LAC Business Summit was held at the Zhuhai International Convention & Exhibition Center in Shizimen Central Business District from 1 to 3 November.
Guangdong-Macau Cooperative Development Fund Management Co. will invest RMB2 billion to ensure completion of Hengqin Science City Phase I by 2021 and the inception of Phase II.
Trial operations of the submerged Hengqin Tunnel – Zhuhai’s first underwater passageway and the first sea-area composite large-diameter shield tunnel in China – commenced on 1 November.
The 2018 Hengqin-Macau Youth Entrepreneurship Training Camp held its opening ceremony on 26 October in Inno Valley HQ in Hengqin.
On 23 October, Chinese President Xi Jinping announced the opening of the Hong Kong-Zhuhai-Macau Bridge at an opening ceremony in Zhuhai.