The “Overall Plan for the Construction of the Hengqin Guangdong-Macao Intensive Cooperation Zone” and the “Comprehensive Deepening of the Reform and Opening-up Plan for the Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone” were announced in anticipation, giving the Hengqin Guangdong-Macao Intensive Cooperation Zone and Qianhai Shenzhen-Hong Kong Modern The larger space, greater authority and greater future of the service industry cooperation zone have made the “dual zone” two banners for the development of the 56,000 square kilometer Guangdong-Hong Kong-Macao Greater Bay Area.
Many people believe that “substantial expansion” and “deep cooperation” will promote the more comprehensive, deeper and faster development of the Guangdong-Hong Kong-Macao Greater Bay Area, and promote the evolution of this world-class bay area again, and explore for “one country, two systems”. New practice of regional cooperation.
A larger area can carry more elements and gather more kinetic energy.
The Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone, located on the east bank of the Pearl River Estuary, had a planned area of less than 15 square kilometers. In recent years, the construction and development of Qianhai has been accelerating. According to official data, in 2020, the value added of registered enterprises in the Qianhai Shenzhen-Hong Kong Cooperation Zone will increase by 13% year-on-year, tax revenue will increase by 13.4%, and the actual use of foreign capital will increase by 11.7%. It has become China’s fastest-growing, highest-quality, and most profitable region. one.
After years of development and construction, Hengqin Island, which has the shortest distance from Macau of only 187 meters, has accumulated investment in fixed assets of more than 343.4 billion yuan, with an average annual GDP growth rate of over 43%. The main road network of “five horizontal and three vertical” on the island has basically been completed, and the Hengqin Bridge and other external connections to the “main artery” have been opened to traffic. Hengqin New District has changed from a border island to a development heat island and an open frontier.
On the “dual zone” land, new projects are constantly being completed. In Hengqin, the country’s first policy framework for “line management” has been established for “first-line” ports, “second-line” passages, and 53 kilometers of closed shoreline electronic fences around the island. The Guangdong-Macao Cooperation Traditional Chinese Medicine Science and Technology Industrial Park and the Hengqin Macau Youth Entrepreneurship Valley have attracted more and more high-quality enterprises to gather. Key industries such as tourism, leisure, health and high-tech are developing rapidly.
In Qianhai, the major project of “Two Cities, Six Districts, One Park, One Park, Six Towns, Two Ports” is being continuously promoted. Major platforms such as Qianhai Shenzhen-Hong Kong Youth Dream Workshop, Shenzhen-Hong Kong Design and Creative Industry Park, Shenzhen-Hong Kong Innovation Center, and Shenzhen-Hong Kong Fund Town have been built. The Secretary for Administration of the Hong Kong Special Administrative Region Li Jiachao said at a press conference on the development and construction of Hengqin and Qianhai held by the Information Office of the State Council that currently there are 11,500 Hong Kong-funded enterprises registered in Qianhai, including professional services and finance. , Logistics, information, technology and other modern service industries, Qianhai Shenzhen-Hong Kong Youth Dream Workshop continues to attract young Hong Kong innovative entrepreneurs to settle down.
However, after more than 10 years of development and construction, regional restrictions have become a prominent problem restricting the reform and development of Qianhai.
The “Comprehensively Deepening the Reform and Opening-up Plan for the Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone” expands the cooperation area from 14.92 square kilometers to 120.56 square kilometers, doubling the area several times, bringing greater space for institutional innovation and industrial upgrading. Chen Guanghan, chief expert of the Guangdong-Hong Kong-Macao Development Research Institute of Sun Yat-Sen University, believes that the expansion of the planned area will bring a broader platform to Qianhai, attract more outstanding enterprises and production factors, and lead to qualitative changes from quantitative changes.
According to Zheng Yongnian, Dean of the Global and Contemporary China Institute for Advanced Study at the Chinese University of Hong Kong (Shenzhen), the new plan for the two cooperation zones is not only an expansion of physical space, but also an expansion of institutional innovation. This allows Hengqin and Qianhai to have greater autonomy in reform, and the integration and development of Guangdong, Hong Kong and Macao have a greater depth.
Since 2019, the development of the Guangdong-Hong Kong-Macao Greater Bay Area has been accelerating, and the connection and integration of Hengqin and Qianhai with Hong Kong and Macao has also been accelerating.
Infrastructure “world-class” level connectivity. After the Hong Kong-Zhuhai-Macao Bridge, the world‘s longest sea-crossing bridge, was completed and opened to traffic, the two world-class sea-crossing projects of the Huangmaohai Sea-crossing Channel and the Deep-Medium Channel are accelerating.
Multi-faceted convergence of rules and systems. From business rules to financial taxation to legal services, Hengqin and Qianhai are making great strides to promote the integration with Hong Kong and Macau. The Qianhai Court has continuously improved the system of “Hong Kong regional jurors” and “Hong Kong regional mediators”, employing 16 foreign and Hong Kong, Macao and Taiwan regional mediators, and accepted more than 12,000 foreign-related commercial cases involving Hong Kong, Macao and Taiwan, of which 8,392 were Hong Kong-related cases. The number is the first in the country. 90 commercial cases were tried in Hong Kong law.
Continuous integration of production and life. As early as 2016, Macau’s first batch of 9 Macau single-plate vehicles that met the entry requirements historically entered the mainland-Hengqin New District of Zhuhai City from Macau. In 2017, Hengqin issued the country’s first overseas electronic tax receipt. Hengqin Port has achieved 24-hour customs clearance with Macau for many years, and the integration is non-stop.
People here believe that the introduction of the new plans for the two cooperation zones will firstly promote cooperation between Guangdong, Hong Kong and Macao to a greater depth. Combining the newly expanded regional resource elements, Hengqin and Qianhai can actively expand the field of industrial cooperation development, vigorously develop modern service industries and strategic emerging industries, promote the deep integration of modern service industries and advanced manufacturing A modern industrial system with international competitiveness.
The second is to promote the comprehensive deepening of reforms to greater and deeper breakthroughs. With institutional innovation as the core, we will take the lead in the modern service industry, scientific and technological development and other key areas, plan to promote strategic and operational reforms and creative and leading reforms, and make breakthroughs in greater depth and form new major institutional innovations.
The third is to promote Guangdong, Hong Kong and Macao to jointly build a high-quality living circle. With the strong support of a series of new measures, through efficient connectivity, we will promote extensive exchanges and in-depth integration between Guangdong, Hong Kong and Macao, and create a high-quality living circle that is livable, workable and travelable, and a vigorous and internationally competitive new international bay area center.
The new plans for the two cooperation zones have given Hengqin and Qianhai a higher and heavier position, and also give the two places a greater future.
The “Overall Plan for the Construction of the Hengqin Guangdong-Macao Intensive Cooperation Zone” endows the Hengqin Guangdong-Macao Intensive Cooperation Zone as a new practice for exploring regional cooperation under the “one country, two systems” and positioning itself as a regional development demonstration zone with Chinese characteristics and demonstrating the advantages of the “two systems” , Showing the unique role of the Hengqin Guangdong-Macao in-depth cooperation zone construction in the practice of “one country, two systems” and its important supporting role in the construction of the Guangdong-Hong Kong-Macao Greater Bay Area.
The “Comprehensively Deepening the Reform and Opening-up Plan of Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone” gives the Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone the Guangdong-Hong Kong-Macao Greater Bay Area a comprehensive deepening of reform and innovation test platform and a high-level strategic positioning as a gateway hub for opening up to the outside world. The comprehensive deepening of Qianhai’s reform and opening up will play an important role in the construction of the Guangdong-Hong Kong-Macao Greater Bay Area and Shenzhen’s pilot demonstration zone of socialism with Chinese characteristics and the implementation of comprehensive reform pilots.
Zhu Wei, executive deputy director of the Guangdong Provincial Greater Bay Area Office, believes that the two new plans are a major exploration to lead the Greater Bay Area to accelerate the establishment of a new open economic system that is in line with international standards, and are important for promoting the high-quality development of Guangdong and accelerating the creation of a new development pattern. The engine is of great significance for advancing the construction of the Guangdong-Hong Kong-Macao Greater Bay Area and supporting Shenzhen to build a pilot demonstration zone of socialism with Chinese characteristics.
“The future is infinitely broad. Hengqin and Qianhai must boldly innovate in important areas and key links of reform and opening up, accelerate the establishment of broader and deeper ties between Guangdong, Hong Kong and Macao, accelerate the formation of a new pattern of comprehensively deepening reform and opening up, and improve global resource allocation capabilities. , The ability to innovate the source of innovation, and the ability to drive coordinated development.” Chen Guanghan said.
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