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meet specified cargo value criteria will be eligible   shared outcomes¡±, aiming to transform Hengqin
           for a maximum subsidy of RMB2 million.             into a global hub for health and wellness, cultural
                                                              vibrancy, digital innovation and financial services.
             ?    Newly  constructed  or  renovated  cold
           chain logistics projects related to daily necessities,   ?   For the technology R&D and advanced
           food and pharmaceuticals will be eligible for      manufacturing sectors, the plan calls for building
           a maximum reward of RMB3 million. Logistics        a technology innovation platform, including
           enterprises recognized as 3A, 4A or 5A by the      accelerating the construction of innovation
           China Federation of Logistics and Purchasing       infrastructure, promoting the application of
           will also receive rewards.  Eligible cross-border   cutting-edge global technologies and supporting
           e-commerce enterprises can receive a subsidy of    the establishment of industrial bases by Macau¡¯s
           up to 50% of their bonded warehouse rent.          higher education institutions.

             ?    Commercial      complexes,     branded        ?    A  dedicated  section  highlights  the  key
           warehouse supermarkets and supermarkets that       projects for Hengqin-Macau industrial integration.
           are open for business will receive financial support   It emphasizes strengthening cooperation in
           of up to RMB12 million. Furthermore, enterprises   culture, tourism, conventions and exhibitions,
           and social organizations  hosting night  economy   supporting  Macau¡¯s  development  as  a  world
           events, consumption promotion activities and       tourism  center.  The  two  regions  will  co-host
           other  themed  activities  within  commercial      exhibition  events  and  jointly  develop  trade  and
           complexes will be eligible for a maximum reward    cross-border logistics, deepening the ¡°one event,
           of RMB1 million per event.                         two regions¡± model of resource sharing.

             The    Industrial  Development     Plan   of       ?    The plan also proposes a range of
           Guangdong-Macau  In-depth  Cooperation  Zone       measures to build a world-class business
           in Hengqin (2025-2029)  issued to guide Hengqin¡¯s   environment, such as enhancing the cultivation
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           industrial development over the next 5 years       and  protection  of  market  players,  establishing
                                                              a hub for talent and fostering an open market.
             In June 2025, the government unveiled its        By facilitating trade and investment, Hengqin
           industrial development plan for Hengqin during     aims  to  offer  enterprises  broader  development
           the 2025 to 2029 period, with a focus on advancing   opportunities and benefits.
           integration with Macau and accelerating the
           growth of the key emerging industries. It also       Hetao area in Shenzhen
           reaffirms Hengqin¡¯s role as a key driver of regional
           integration under the GBA initiative and continued   Located  on  the  border  between  Shenzhen
           close alignment with Macau.                        and  Hong  Kong,  the  Hetao  Cooperation  Zone,
                                                              occupying  a  total  area  of  approximately  3.89
             ?    The new plan outlines key developments      km , serves as a pioneering zone for enhancing
                                                                 2
           for four emerging industries (tech R&D & advanced   technological collaboration between the two cities
           manufacturing,  TCM  &  Macau  brands,  culture    and acts as a nucleus for transferring technological
           &  tourism  and  modern  finance),  the  integration   breakthroughs within the GBA. It consists of two
           between Hengqin and Macau, optimizing the          portions ? the 3.02 km  Shenzhen Park and the
                                                                                     2
           business environment and shaping the spatial       0.87 km  Hong Kong Park (Hong Kong-Shenzhen
                                                                      2
           layout of industrial development.                  Innovation and Technology Park).

             ?    The plan proposes a model for integrated      In August 2023, the State Council released a plan
           industrial development featuring ¡°Macau platforms   for the Shenzhen Park of the Hetao Shenzhen-
           +  international  resources  +  Hengqin  space  +   Hong Kong Science and Technology Innovation
                                                              Cooperation Zone (HTCZ) , as part of efforts to
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           43  Guangdong-Macau In-Depth Cooperation Zone in
           Hengqin, https://www.hengqin.gov.cn/macao_zh_hans/  44  The State Council, http://fgw.sz.gov.cn/gkmlpt/con-
           zwgk/tzgg/gg/content/post_3810641.html             tent/10/10809/post_10809551.html#2659

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