Guangdong Province has opened a center to serve young entrepreneurs from Macau, reports Xinhua, in the latest move to enhance interaction with the two Special Administrative Regions.
The “Guangdong-Macau Youth Innovation and Entrepreneurship Base” is located in the Hengqin New Area of Zhuhai, a city that neighbors the MSAR.
The center will support young entrepreneurs and startups with personnel training and counselling services on issues including business registration, tax, policy and financing, according to the Hengqin government.
Hengqin is home to an incubator that has supported the development of 196 Macau projects in the past four years.
The new center is one of the three planned in Guangdong to serve young entrepreneurs from Macau. The other two will be located in the cities of Shenzhen and Guangzhou.
Guangdong is enhancing its contribution toward the construction of the Greater Bay Area. Covering a total area of 56,000 square kilometers, the Bay Area had a combined GDP of about 10 trillion yuan (about MOP11.7 trillion) in 2017. Xinhua