Wednesday 29 January 2020

Spring Festival Gala kicks off on Hong Kong-Zhuhai-Macau Bridge in China

KUALA LUMPUR, Jan 28 -- The recent Spring Festival Gala on the Hong Kong-Zhuhai-Macau Bridge unveiled a dynamic Zhuhai to view.

Zhuhai, as the host of sub venue gala and forerunner of opening up, sent new year wishes to the world, drawing a new picture of openness and innovation with other cities in the Guangdong-Hong Kong-Macau Greater Bay Area.

According to a statement, Zhuhai is promoting the in-depth cooperation with Hong Kong and Macau.

Resources including innovation, talents, capital, technology, culture of the Area, and even the world are gathered, connected, allocated and integrated in Zhuhai, stimulating its development continuously.

With the operation of the Bridge, industrial giants such as Huawei, Alibaba, Tencent and Foxconn have carried out in-depth cooperation with Zhuhai in fields including smart cities, artificial intelligence, cloud computing and chips to expand a broad prospect for a new economy.

According to data from the People's Government of Zhuhai Municipality, in the first half of 2019 alone, there were 310 newly established Macau-invested companies in Zhuhai, accounting for more than half of the newly established enterprises in the city.

By 2020, the time limit for foreign investment putting on files outside the negative list will be reduced to less than one working day, and the time limit for starting a business will be controlled within four working days.

The number of newly registered Hong Kong and Macau-funded enterprises will reach 12,000. The business scope of individual industrial and commercial households of Hong Kong and Macau residents will be fully liberalised.

-- BERNAMA

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