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Guangdong opens center to serve young Macao entrepreneurs

Source: Xinhua| 2019-06-03 20:29:03|Editor: mingmei
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GUANGZHOU, June 3 (Xinhua) -- South China's Guangdong Province on Monday opened a center to serve young entrepreneurs from neighboring Macao Special Administrative Region, the latest move by the province to enhance interaction with Hong Kong and Macao.

The "Guangdong-Macao Youth Innovation and Entrepreneurship Base" is located in the Hengqin New Area of Zhuhai, a city that neighbors Macao.

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 196 Macao projects in the past four years.

The new center is one of the three planned in Guangdong to serve young entrepreneurs from Macao. The other two will be located in the cities of Shenzhen and Guangzhou.

Guangdong is enhancing its efforts to build the Guangdong-Hong Kong-Macao Greater Bay Area, which consists of Hong Kong, Macao, as well as nine cities in Guangdong. Covering a total area of 56,000 square kilometers, the bay area had a combined GDP of around 10 trillion yuan (1.48 trillion U.S. dollars) in 2017.

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