To celebrate the first anniversary of the inauguration of Hengqin as an area of the China (Guangdong) Pilot Free Trade Zone, a series of activities was held in the area on April 27, 2016. It is worth mentioning that on that day, 14 key projects were signed to settle down in Hengqin and construction of one projects started, opening up a brighter future for the area.
The contracted projects cover the headquarters economy, financial services, cultural creativity, medicine and healthcare, high technology and other high-end industries. It’s expected that the total investment will be more than 28 billion yuan within the next five years. After they are put into operation, a total annual output value of more than 200 billion yuan will be created in Hengqin.
In addition, it’s understood that during the first quarter of this year, Hengqin has achieved a good start, gaining a GDP of 1.34 billion yuan, up 15 percent on a year-on-year basis. Also, the general public budget revenue reached 1.23 billion yuan, investment in fixed assets reached 6.93 billion yuan and actual foreign investment reached 120 million US dollars, an increase of 21.2 percent, 15 percent and 58.4 percent respectively.