Over 30,000 companies have registered in Hengqin

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Over 30,000 companies have registered in the Hengqin New Area so far, with a total investment capital of 1.6 trillion yuan, Zhuhai Daily reports.

By the end of March, 2017, 1,360 companies from Hong Kong and Macao have registered in Hengqin, 793 of them are from Macao.

Over the past two years, Hengqin has implemented 230 systematic innovation measures.

The Macao SAR Government has recommended 83 projects for the Guangdong-Macao Cooperation Industrial Park, 17 projects of them have acquired land usage rights. Also,13 projects have started construction with a total investment of 61.05 billion yuan.

The development center of the Guangdong-Macau Traditional Chinese Medicine Technology Industrial Park has been put into use. A batch of Macao enterprises have settled down in the business incubation center. 10 Macao investment projects have signed land lease agreements with the park. And 191 teams have entered the Hengqin Entrepreneurship Valley for Macao Youth attracting investment of over 100 million yuan.

Hengqin has also attached importance to the economic exchanges, trade and cooperation with Latin American countries. Hengqin's representative offices for economy and trade have been set up in Mexico and Spain. Hengqin is now preparing for the first China-Latin America International Fair. And the Sino-Latin American Economic and Trade Cooperation Industrial Park will be completed in the middle of this year.

Statistics show that 97 of the top 500 global companies have invested in Hengqin, and 120 of China's top 500 companies have invested in the area.

Hengqin's GDP in 2016 hit 15.7 billion yuan, a 20.1 percent growth year on year, its tax revenue hit 12.4 billion yuan, a 33.2 percent growth year on year.

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