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Summit will deliberate greater Zhuhai-Macao dealings


Updated: 2020-12-03

The governments of Zhuhai and Macao are inviting input for greater scientific and technological innovation, cultural-tourist cooperation, and cross-border e-commerce at the second Macao-Zhuhai Entrepreneur Summit, which opens Dec 10.

About 3,000 guests will contribute to development of the Guangdong-Hong Kong-Macao Greater Bay Area, practical economic rules and mechanisms, and the efficient flow of personnel and commodities between Zhuhai and Macao. They consist of government officials, experts, scholars, young entrepreneurs, and executives at renowned enterprises, unicorns, financial institutions, and venture capital institutions. More than 130 are notable businesspeople, Wang Wei of the Zhuhai Bureau of Commerce, said at a Dec 1 press conference.

Macao enterprises have already seen 100 representatives from the economic and trade sectors confirm participation, according to Yu Yusheng of the Macao Trade & Investment Promotion Institute. The conference takes place at the Zhuhai International Convention & Exhibition Center in Shizimen. 


Macao-Zhuhai Entrepreneur Summit 2019 [Photo by Song Xuemei & Zhong Fan / Guanhai App]

The speakers rostrum includes Ma Youli, president of the Macao Chamber of Commerce; Dong Mingzhu, chairwoman of Gree Electric Appliances; Zhou Hongyi, chairman and CEO of 360 Security Group; Wang Jun, chairman of iCarbonX; Fu Jianguo, chairman of Nam Kwong Group, and Guo Guangchang, chairman of Fosun International.

In addition to four parallel sessions on cooperative forums, an investment environment promotion, Night of Zhuhai, is scheduled and attendees will take a field trip of Hengqin New Area. As for epidemic prevention and control, there will be both online and offline sessions relying on the cloud video conference system.

The first summit in October 2019 attracted more than 3,000 representatives from leading domestic enterprises Alibaba, Tencent, and Huawei. Twenty agreements valued at 19.8 billion yuan ($3 billion) were signed concerning characterized finance, cross-border commence and trade, creative culture-tourism, and healthcare. Plaques for the Guangdong-Macao Cross-Border Financial Cooperation (Zhuhai) Demonstration Zone and Macau Institute for Tourism Studies Education Collaboration Center for Guangdong-Hong Kong-Macao Greater Bay Area were unveiled.

From January to October, 1,590 Macao-invested companies located in Zhuhai, accounting for 73.2 percent of the newly settled foreign-funded enterprises in the city. The actual absorption of Macao investment grew by 8.1 percent year-on-year to $1.37 billion. As of late October, Zhuhai had 5,980 Macao-funded enterprises, representing registered capital of $19.4 billion and paid-up capital of $6.36 billion -- 29 percent of the paid-up capital of citywide foreign-funded enterprises.

The event is handled by the Zhuhai Bureau of Commerce and Macao Trade & Investment Promotion Institute under the auspices of the Zhuhai Municipal People's Government and Macao Secretariat for Economy & Finance. Guangdong and Macao governments and the Liaison Office of the Central People's Government in the Macao SAR will provide guidance.

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