Zhuhai is located on the west bank of the Pearl River estuary, adjoining Macau. It extends across an area of 1,732 sq km and, as of the end of 2017, its permanent population stood at 1.765 million. The people in Zhuhai enjoy a pleasant living environment and the city has been named “Best Garden City in China”, “China’s Excellent Tourism City” as well as “The Happiest City in China” successively. It has also been voted China’s most livable city for two consecutive years.
Major Development Areas
National level: Zhuhai Economic and Technological Development Zone, Zhuhai High-Tech Industrial Development Zone, Zhuhai Bonded Zone, and Zhuhai-Macao Cross-border Industrial Zone
Provincial level: Zhuhai Fushan Industrial Park, and Zhuhai Jinwan Liangang Industrial Park
Positioning
The pillar industries of Zhuhai include electronic information, bio-pharmaceutical products, electrical appliances, electrical energy, petrochemicals and precision machinery industries. Zhuhai is now striving to establish itself as an innovation-driven city. One priority is to expedite the development of modern industries, with smart manufacturing as the core and complemented by high-end manufacturing, new and high-tech industries, marine economy and eco-agriculture.
Core Competencies
High-end manufacturing industry encompasses robots and smart home. It also focuses on areas like ship and oceanic engineering, aviation and aerospace, rail transport, new-energy electric vehicles (trams, pure electric passenger vehicles, etc). Whereas for high-and-new industries, the city is focusing on integrated circuit design, substation integrated automation equipment, new energy and smart grid; as well as boosting the bio-pharmaceuticals and biodegradable chemicals industries.
As for the marine economy and eco-agriculture industry, Zhuhai focuses on developing port logistics, oceanic engineering equipment, yacht industries, etc. Besides, it is also promoting the offshore fishing industry, coastal tourism and leisure resorts, and deep processing of agricultural and fisheries products in order to build an integrated agricultural industry chain featuring supply chains of various farm products.
Strengthening the co-operation between Zhuhai, Hong Kong and Macau in terms of Chinese medicinal technology and industries is listed in the city’s 13th Five-Year Plan. The objective is to promote complementarity in medical resources between Zhuhai, Hong Kong and Macau as well as to explore the synergy between Zhuhai and Macau in the areas of social security such as elderly and health care.
Preferential policies for industries
- Support the Development of Bio-pharmaceutical Industry
- Accelerate the Development of Advanced Equipment Manufacturing
- Accelerate the Development of High-end Manufacturing
- Preferential policies in Hengqin New Area
- Encourage Hengqin to conduct innovation in financial business, market access for financial institutions, financial markets, financial products and etc
- Allow the financial institutions within the area to conduct off-shore business of foreign currency
- Encourage to launch and promote the financing through the pledge of intellectual property rights, earning rights, charging rights and accounts receivable
- Encourage the aggregation of various trading platform, financial institutions in Hengqin
- Support to conduct pilots works on individual domestic currency and foreign exchange franchise business
- Encourage to strengthen the cooperation with financial institutions in Hong Kong and Macao region, and focus on constructing bases of financial back-office services
From the date of completing industrial and commercial registration, the equity investment and fund management enterprises that are newly established in Hengqin shall be respectively given subsidies by 100% and 60% of the retained portion of the corporate income tax paid for Hengqin New Area for the first two years and for the subsequent three years respectively