Macau and Guangdong signed 12 cooperation framework agreements yesterday. More than 50 government officials from Guangdong were present at the conference which was held at the East Asian Games Dome, including Zhu Xiaodan, the Governor of Guangdong Province. Cooperation agreements have been signed regarding youth entrepreneurship and the Chinese medicine industry. All the agreements are expected to come into effect soon.
During the conference, Zhu said that he felt that there is progress in the diversification of Macau’s economy. Zhu believes it is a great time to deepen the cooperation between Guangdong and Macau, especially as the meeting was part of China’s current five-year plan framework. He disclosed that the focus of all the agreements was to deepen the cooperation between Guangdong and Macau concerning the bilateral participation in China’s ‘One Belt One Road’ strategy.
The first step as Zhu mentioned, is the emphasis on a large bay project around Jiangmen. The project is designed to connect cities around the bay area to surrounding countries.
He also mentioned the importance of using Macau as a platform between China and the Portuguese-speaking nations.
Regarding the youth communication and entrepreneurship, Zhu informed that a total of 124 enterprises have settled in Innovalley HQ. Of those, 93 are from Macau. Zhu also stated that, currently, the major goal is to speed up the development of Macau and Guangdong’s young entrepreneurships bases, especially the youth innovation bases in Hengqin, Nanshan, Jiangmen and Zhongshan.
In response, Chief Executive Chui Sai On claimed that the local government is confident of the development of youth entrepreneurships since both the central and the Guangdong governments have been putting all efforts into supporting Macau.
In proceedings of the conference, the subject of Macau’s single-plated cars entering Hengqin was included in an agreement signed by both parties. However, details will only be announced in the future, says Chui. Staff reporter
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