Greater Bay Area Archives | Macao News

Guangzhou unveils a powerful new supercomputer

Thu, 07 Dec 2023 08:41:46 +0000

The Tianhe Xingyi supercomputer outperforms existing models and is expected to give a significant boost to technological innovation in the Greater Bay Area.

A Guangdong-based think tank wants to turn the GBA into a common market

Tue, 05 Dec 2023 23:44:29 +0000

The Guangzhou Institute of the Greater Bay Area has proposed creating a European Union-like arrangement for Macao, Hong Kong and Guangdong province.

Zhuhai’s logistics park offers up to 5 million yuan in subsidies

Tue, 05 Dec 2023 08:28:43 +0000

The new scheme is part of a wider effort by the mainland authorities to ramp up the shipment of goods via the HZM Bridge.

Guangzhou’s first rocket engine testing facility is now under construction

Mon, 04 Dec 2023 23:40:36 +0000

According to the company behind the development, the fast-expanding network of satellites in orbit means there’s currently high demand for rockets.

The first Costco in southern China is scheduled to open in early 2024

Mon, 04 Dec 2023 06:30:58 +0000

The new Shenzhen store will be the sixth Costco in China, following the wholesale supermarket chain’s arrival in the country in 2019.

The new Guangzhou Museum of Art is open to the public

Fri, 01 Dec 2023 05:00:20 +0000

The Guangzhou Museum of Art has a sparkling new home, spread out over 30,000 square metres and seven floors.

The Macao Science 1 satellites have been officially deployed

Wed, 29 Nov 2023 23:56:54 +0000

The two satellites, in orbit since May, are now actively monitoring the South Atlantic Anomaly in a groundbreaking project carried out jointly by Macao and mainland China.

Construction of the Shenzhen-Zhongshan link is nearing completion

Tue, 28 Nov 2023 07:22:49 +0000

The 24-kilometre infrastructure project connects two major GBA cities via bridges, tunnels and artificial islands.

A Macao team has won the inaugural GBA birding competition

Mon, 27 Nov 2023 07:50:34 +0000

The team came in first place after identifying 86 bird species in the competition, which took place over the weekend.

Guangdong is projected to become a ‘moderately’ ageing society by 2030

Fri, 24 Nov 2023 08:12:50 +0000

There are big plans for the Greater Bay Area, but Guangdong province must also deal with an ageing workforce.

Earnings are slowing for the top 500 manufacturers in Guangdong

Fri, 24 Nov 2023 06:49:48 +0000

The collective profits of the leading manufacturing firms in the province have dropped by nearly 22 percent in a sure sign of more hurdles ahead for China’s slowing economy.

Industry experts gather for an AI and robotics summit in Hong Kong

Wed, 22 Nov 2023 08:02:32 +0000

Around 1,000 delegates shared ideas about the development and application of AI and robotics in key GBA industries such as manufacturing and health.

Hong Kong is coming up with a new port masterplan

Tue, 21 Nov 2023 04:00:53 +0000

Macao’s sister SAR hopes to become a go-to hub for what it calls ‘high-end maritime services’ and ‘smart and digital initiatives’

Guangzhou to spearhead China’s new green financing platform

Sun, 19 Nov 2023 23:30:50 +0000

The city hopes to develop a new model for cooperation within the GBA on climate change financing.

Should Macao-registered cars be allowed to drive into urban Hong Kong?

Mon, 06 Nov 2023 23:15:15 +0000

A scheme to grant Macao and Guangdong drivers entry to Hong Kong is about to enter its first phase, but local officials worry about traffic congestion.

Wooing global talent is a priority for the GBA

Sun, 05 Nov 2023 23:15:38 +0000

A new ‘win-win’ agreement is set to make cross-regional employment opportunities easier for foreign talent to navigate.

Two-thirds of Greater Bay Area businesses have gone green, a new survey finds

Thu, 26 Oct 2023 22:40:39 +0000

The report has identified Hong Kong as a leader in sustainability, which could lure Macao’s neighbouring SAR up to HK$1 trillion in investments over the next two years.

Mainland China has streamlined its visa process for Macao-based foreigners

Thu, 26 Oct 2023 06:26:06 +0000

Under the new rules, non-Chinese residents of Macao can apply for multiple entry visas valid for up to five years.

Government support and connectivity are key to the GBA’s transport system, experts say

Wed, 25 Oct 2023 06:01:56 +0000

Two senior logistics professionals tell a business breakfast gathering that the Greater Bay Area’s transport network has potential for growth but speedbumps lie ahead.

The Hong Kong-Zhuhai-Macao Bridge has just turned five

Tue, 24 Oct 2023 06:20:08 +0000

Though it is still operating at far below capacity, the world’s longest sea-crossing bridge marks its fifth anniversary with a 3.6 fold increase in traffic flow compared to 2019 figures.

More than a quarter of Shenzhen’s office space was empty in the second quarter of this year

Thu, 05 Oct 2023 09:38:24 +0000

Workers do not appear to be returning to their offices now pandemic restrictions have been lifted. It’s causing a serious slump in the GBA’s commercial property markets.

Foreigners on group tours from Macao no longer need visas to explore the GBA

Tue, 03 Oct 2023 23:21:27 +0000

The move offers one more reason for tourists to visit Macao and comes as the city records in excess of half a million visitors during the first four days of the National Day holidays.

Hengqin authorities are proposing a ferry service to Macao’s Inner Harbour

Thu, 14 Sep 2023 23:42:18 +0000

A Hengqin urban planning official says technical studies are underway along with the exact pinpointing of arrival and departure locations.

Macao residents can now buy more property in Shenzhen

Fri, 08 Sep 2023 07:25:58 +0000

With the property market in China’s tech hub cooling, Shenzhen’s authorities appear to be looking to outsiders to help prop it back up.

Hong Kong is positioning itself as the aviation hub of the Greater Bay Area

Tue, 05 Sep 2023 23:00:26 +0000

The city’s post-pandemic aviation strategy appears to give less emphasis to its former role as international gateway and more to its position within the GBA.

The GBA’s economy is bigger than Canada’s or South Korea’s

Tue, 29 Aug 2023 06:12:46 +0000

The ability to grow even during the Covid-19 pandemic has pushed the Greater Bay Area up the world’s economic rankings.

HSBC’s GBA green fund meets with an enthusiastic response

Fri, 18 Aug 2023 07:57:22 +0000

The fund aims to help enterprises in the Greater Bay Area meet their net-zero goals and is also being used for projects that have a social as well as environmental benefit.

Hong Kong, Shenzhen and Guangzhou to be connected by a high-speed levitating train

Wed, 09 Aug 2023 00:00:05 +0000

If the project goes ahead, it will cut the commute time between Hong Kong and Guangzhou to less than 20 minutes.

The Pearl River Delta’s air quality is, on the whole, getting better

Tue, 08 Aug 2023 00:11:50 +0000

Ozone levels, however, are rising by 39 percent according to the PRD Regional Air Quality Monitoring Network.

142 Chinese companies, 25 from the GBA, make Fortune’s Global 500

Fri, 04 Aug 2023 00:15:51 +0000

While no Macao-headquartered companies made the grade, China secured more places than any other country.

Fly direct from Shenzhen to Milan

Mon, 31 Jul 2023 23:57:51 +0000

New Hainan Airlines’ flight route means those living in the Greater Bay Area can soon fly directly to Milan (no Hong Kong necessary).

Macao university students shy away from Hengqin

Sun, 30 Jul 2023 23:32:15 +0000

A recent survey showed that only a few local students are keen to pursue career opportunities in the Guangdong-Macao In-depth Cooperation Zone.

In a region representing Asia’s future, Macao is the ‘culture city,’ a top diplomat says

Thu, 20 Jul 2023 22:45:25 +0000

Abdullah bin Abiyah, Saudi Arabia’s consul general in Guangzhou, highlighted Macao’s unique positioning in the Greater Bay Area.

The world’s largest LNG tanks have been built right next to Macao

Mon, 10 Jul 2023 23:44:37 +0000

The five tanks each hold the equivalent of 72 Olympic swimming pools and stand higher than a 20-storey building.

An advanced materials lab in Dongguan seeks research students from Macao

Tue, 04 Jul 2023 23:45:54 +0000

The head of the five-year-old facility says ‘we very much welcome’ Macao students to carry out thesis research there.

Construction of the Zhuhai-Macao Translational Medical Center gets underway

Tue, 27 Jun 2023 06:41:34 +0000

When complete, the 1000-bed facility will aim to make breakthroughs in the treatment of disease, new medicines and medical manufacturing.

Hong Kong is back in the game as a MICE destination

Mon, 26 Jun 2023 23:50:17 +0000

Macao’s major competitor has shaken off the pandemic blues and signed up several global and regional meetings and exhibitions for the coming year.

Officials unveil plans for a Sino-Portuguese innovation park in Hengqin

Mon, 19 Jun 2023 07:56:11 +0000

The territory is positioning itself as the natural gateway to the Greater Bay Area for technology companies from the lusophone world.

Major milestone reached in the construction of the Shenzhen-Zhongshan link

Thu, 15 Jun 2023 00:50:01 +0000

When completed, the ambitious project, comprising roads, bridges and an undersea tunnel, will drastically reduce commuting times between the cities.

The world’s biggest Legoland resort looks set to open on schedule

Tue, 13 Jun 2023 00:44:05 +0000

The resort, one of three Legoland parks being built in China, is located on Shenzhen’s Dapeng peninsula, an area famed for its coastlines and sea views.

HSBC unveils a massive new funding pool for the GBA’s tech sector

Mon, 05 Jun 2023 00:56:23 +0000

The HSBC New Economy Fund is designed to give support to innovative startups and comes in the wake of the bank’s purchase of the UK arm of the Silicon Valley Bank.

Shenzhen announces an ambitious AI plan for the Greater Bay Area

Fri, 02 Jun 2023 01:00:14 +0000

China’s tech hub wants to build a supercomputing network connecting computer systems in Macao, Hong Kong and the rest of the GBA.

Hong Kong is emerging as a major arbitration centre

Tue, 30 May 2023 04:34:19 +0000

The city has emerged as the world’s third most preferred jurisdiction for arbitration after London and Singapore, a survey found.

Hong Kong has high hopes for its Dongguan logistics park

Wed, 24 May 2023 23:30:18 +0000

Authorities say the eventual goal is for the facility to handle almost half of Hong Kong airport’s current cargo throughput.

A digital currency pilot programme has been launched in Hong Kong

Wed, 24 May 2023 01:02:16 +0000

Experts say the e-HKD is being developed rapidly and could be of major importance if it manages to link to China’s digital yuan.

Macao’s young people don’t want to work in Zhuhai, according to a new poll

Tue, 23 May 2023 00:44:13 +0000

Zhuhai’s proximity to Macao, and the presence of several growing industries in the city, aren’t enough to attract young local jobseekers, a survey finds.

The GBA leads the rest of China when it comes to new inventions

Tue, 23 May 2023 00:40:20 +0000

A report on successful overseas patent applications made by Chinese companies in recent years finds that the GBA is punching above its weight.

The Macao Science 1 satellites are now in Earth orbit

Mon, 22 May 2023 00:52:13 +0000

Satellites jointly developed between Macao and mainland China have been successfully launched in a programme that will give a boost to aerospace development in the GBA.

Macao’s property market is outpacing those of other GBA cities

Thu, 18 May 2023 00:41:56 +0000

However, while transactions showed strong recovery in the first quarter, one leading realtor warns that they will slow this month.

The Greater Bay Area’s rail network is expanding fast

Wed, 17 May 2023 00:31:02 +0000

Investments in the GBA’s high-speed rail and freight lines are surging ahead, according to the deputy director of Guangdong province’s transport department.

Shenzhen has reported a decrease in population for the first time ever

Thu, 11 May 2023 06:03:22 +0000

Experts say the slight decline is due to the number of migrant workers who left the city during the Covid-19 pandemic.

Tax breaks promised on goods shipped from Macao to Hengqin

Wed, 10 May 2023 06:04:42 +0000

The pledge was made by Macao’s finance secretary, Lei Wai Nong, during yesterday’s Hengqin 2023 Global Investment Promotion Conference.

Shenzhen posts a whopping 6.5 percent growth in the first quarter of 2023

Tue, 09 May 2023 23:30:02 +0000

China’s tech hub beats Beijing and Shanghai, in spite of US curbs on the ability of many Shenzhen based companies to export their products and import US parts.

Ferry links to Guangzhou are expected in ‘the coming months’

Sun, 07 May 2023 02:41:37 +0000

A new ferry terminal in downtown Guangzhou’s Haizhu district will make travel to the provincial capital easier and be a boon to GBA integration, officials say.

Students in Macao are being invited to apply for summer internships in Hengqin

Thu, 04 May 2023 10:01:30 +0000

The program aims to foster entrepreneurship and build business acumen among Macao’s young people, a Hengqin official says.

The fledgling Greater Bay Airlines calls for more air traffic rights

Mon, 01 May 2023 04:00:01 +0000

The new carrier is looking to take on low-cost rivals HK Express and Hong Kong Airlines as well as established players like Cathay Pacific.

The GBA needs to adopt international standards in green finance, experts say

Thu, 27 Apr 2023 00:39:32 +0000

Policymakers from the Greater Bay Area meet in Hong Kong to foster and further integrate the market in sustainable finance in the region.

A new logistics park in Dongguan aims to provide seamless shipment via Hong Kong

Mon, 24 Apr 2023 04:32:05 +0000

The pilot project allows freight from across the GBA to be inspected in Dongguan and then exported via Hong Kong without additional clearance.

Business confidence is soaring in the GBA, according to a new survey

Thu, 20 Apr 2023 00:32:29 +0000

A poll of more than 1,000 companies in the Greater Bay Area finds that some 60 percent expect business to match or exceed pre-Covid levels before the year ends.

Provincial authorities publish new guides for companies investing in lusophone countries

Mon, 17 Apr 2023 04:24:46 +0000

One official says the aim of the new tax guides to Portugal, Mozambique and Cabo Verde is to assist ‘companies in the process of going global’.

Hengqin announces tax breaks for qualified professionals

Wed, 12 Apr 2023 13:18:16 +0000

While higher than Macao’s top salaries tax rate, the special rate for qualified professionals working in Hengqin is considerably lower than mainland China’s.

Macao residents can now apply for public sector jobs in the GBA

Tue, 11 Apr 2023 09:30:34 +0000

Under a new scheme launched by the Guangdong authorities, locals are eligible to apply for thousands of official and semi-official positions.

Common identity is an issue for the GBA, top PwC executive says

Mon, 10 Apr 2023 00:34:32 +0000

James Chang of PricewaterhouseCoopers China praises the GBA’s infrastructural links but says “soft connections” are needed to create cultural coherence.

Integration on the agenda as Hong Kong lawmakers tour the GBA

Tue, 04 Apr 2023 07:38:45 +0000

The political push for integration is leading to a greater number of official exchanges, with Hong Kong lawmakers the latest to head north on a fact-finding tour.

Guangdong and Hong Kong pledge cooperation in finance, tech and more

Wed, 22 Mar 2023 07:45:35 +0000

An array of agreements signed this week between provincial governor Wang Weizhong and Hong Kong’s John Lee brings GBA integration a step closer.

Hong Kong puts its GBA graduate job scheme on a permanent footing

Mon, 20 Mar 2023 00:46:37 +0000

A project that offers subsidies to GBA companies taking on Hong Kong university leavers is to remain in operation after a two-year trial.

Shipments of Australian coal are making their way to the GBA once again

Wed, 15 Mar 2023 07:50:30 +0000

Zhuhai and Guangzhou ports are busily preparing for a resumption of coal imports from Down Under, with the ending of trade restrictions.

A prestigious Portuguese club reemerges from the pandemic

Mon, 13 Mar 2023 06:59:40 +0000

Harsh Zero Covid policies in Hong Kong sparked an exodus of Portuguese speakers from the city, with Club Lusitano feeling the impact.

University head calls on graduates to seize fresh opportunities

Wed, 08 Mar 2023 00:30:32 +0000

The Macau University of Science and Technology’s ties with the GBA are being strengthened, its president and vice chancellor tells graduates.

Cash injections set to speed up the expansion of Zhuhai airport

Tue, 21 Feb 2023 03:12:08 +0000

Baggage handling facilities, hotels and a new control tower are expected to be built this year at the airport southwest of Macao.

Apartments at the Macau New Neighbourhood will go on sale soon

Tue, 21 Feb 2023 00:09:37 +0000

Fitting-out work is now underway at the 4,000 apartments being built in Hengqin, with completion expected before the end of the year.

Macao inks driving licence deal with mainland China

Mon, 20 Feb 2023 04:59:57 +0000

The long awaited agreement allows holders of Macao licences to drive in mainland China in what the government hopes will be a boon for business and personal travel.

The MGTO resumes its roadshow in the Greater Bay Area

Mon, 20 Feb 2023 03:51:39 +0000

The cavalcade is the latest effort from local authorities seeking to boost tourism to the SAR in the wake of the Covid-19 pandemic.

Property experts say the market isn’t quite ready for Macau New Neighbourhood

Mon, 20 Feb 2023 01:24:09 +0000

For now, the sprawling residential development in Hengqin lacks the facilities to attract much interest, analysts say.

New Guangdong-Macao Intensive Cooperation Zone regulations take effect 1 March

Wed, 08 Feb 2023 23:30:02 +0000

Rules aim to bridge differences between Macao and mainland China and speed up development of Hengqin.

Hong Kong plans to acquire assets in Zhuhai Airport

Mon, 02 Jan 2023 10:18:59 +0000

Scheduled to open next September, Cotai-Hengqin LRT Line will connect Macao with Zhuhai Airport via express train from Hengqin Island in 30 minutes journey.

Highways open up for Macao motorists with Guangdong driving permit starting 1 January

Tue, 20 Dec 2022 23:51:49 +0000

Stays limited to 30 days, and no more than 180 days per year; applications take about 10 days to process; estimated 80,000 Macao cars eligible.

Residential units at Hengqin’s Macau New Neighbourhood to go on sale next year

Fri, 07 Oct 2022 00:06:33 +0000

More than 4,000 units, including 200 specifically for qualified professionals, due to go on the market in Macao’s specially designed ‘home away from home’ in GBA.

Zhuhai Airshow to showcase latest PLA Air Force planes

Thu, 29 Sep 2022 23:58:46 +0000

Exhibitors from around the world will be putting state-of-the-art equipment on show, while aerobatics teams will stage dazzling aerial displays.

Chief Executive Ho Iat Seng outlines vision for In-depth Cooperation Zone

Fri, 16 Sep 2022 00:10:23 +0000

Ho calls for innovative ideas, wants to press ahead with Hengqin and Macao’s integration, put master plan into practice and incentivise executive committee.

Hengqin Cooperation Zone GDP hits US$3.3 billion during first half of 2022

Tue, 06 Sep 2022 23:44:07 +0000

Tertiary industries performing well, particularly finance, increasing in value by US$1.2 billion, a year-on-year growth rate of 11%.

Cotai-Hengqin LRT line on track to open in September 2024

Wed, 31 Aug 2022 23:40:01 +0000

MOP 3.5 billion, 2.2-kilometre, two-station line now 49% complete; one-way journey to take around three minutes.

Macao-based foreigners can get Hengqin visa from tomorrow

Wed, 31 Aug 2022 00:31:34 +0000

Validity will range from three months up to five years, dependent on residency status.

Macao Urban Transformation and Development Dialogue points way ahead

Wed, 31 Aug 2022 00:05:41 +0000

City’s transformation calls for ‘strategic planning, independent innovation, talent support and institutional guarantees’.

Macau New Neighbourhood’s basement construction in Hengqin completed

Thu, 18 Aug 2022 07:42:23 +0000

Prefabricated components, such as walls and floors, are currently being installed, with 27 residential towers and school buildings expected to reach topping-out in December, while entire project scheduled to finish in second half of 2023.

Chief Executive suggests three points during 3rd meeting of Hengqin Cooperation Zone’s Administrative Committee

Fri, 12 Aug 2022 10:58:08 +0000

Ho Iat Seng says two tax incentives policies put in place in this year’s first half have been effective in attracting talented human resources to the zone.

Worker dies after being hit by cement mixer at Hengqin

Tue, 19 Jul 2022 22:20:03 +0000

Accident took place in Xiangshun Road near Macao New Neighbourhood project; authorities in Hengqin investigating.

Zhuhai’s Gree and Ninestar ranked among Guangdong’s top 100 private enterprises

Sun, 12 Jun 2022 22:30:45 +0000

Sci-tech industrial manufacturing group and laser printer operation take their place on province’s power list whose top entrants record annual revenue over RMB 400 billion.

Firefighting seaplane takes to the skies over Zhuhai

Wed, 01 Jun 2022 04:45:35 +0000

As big as a Boeing 737, China’s AG600 can collect 12 tons of water from lake or sea in 20 seconds and drop it over an area of 4,000 square metres.

Harrow Zhuhai offers ‘higher-class premium education’ for Macao children

Sun, 29 May 2022 23:00:46 +0000

Over 30% of students are drawn from Macao; Hengqin bilingual school seeks to attract more Cantonese-speaking students and teachers.

Macau New Neighbourhood construction to start summer 2023

Wed, 04 May 2022 22:50:40 +0000

Macao residents to be given priority to buy the 4,279 two- and three-bedroom flats on Hengqin; under mainland China rules, ownership expires after 70 years.

Customised tunnel borer rolled out for Macao-Hengqin Light Rail Transit link-up

Thu, 28 Apr 2022 21:50:34 +0000

Extension, consisting of viaduct, tunnel and two stations, expected to cost MOP 3.5 billion and will not be ready until 2025 at the earliest.

Macau New Neighbourhood on track to top out by December

Mon, 25 Apr 2022 22:40:10 +0000

Innovative Hengqin livelihood project will echo Macao’s architecture, with 4,000 residential units, plus schools, health centre and first-rate public services.

More than 8,600 residency permits issued for Hengqin

Thu, 21 Apr 2022 06:58:27 +0000

Macao residents have bought 9,000 properties in the Intensive Cooperation Zone, which is also favoured for its range of medical treatments.

China’s first tax cooperation office for PSCs opens in Hengqin

Wed, 13 Apr 2022 22:40:16 +0000

Office to promote economic diversification, enhance cooperation with financial and taxation departments, and create new prospects for win-win cooperation.

China’s third amphibious aircraft AG600 prepares for takeoff

Thu, 17 Mar 2022 22:10:33 +0000

One of a trio dubbed ‘The Three Musketeers’, supersize plane has been designed for emergency rescues, fighting forest fires and marine patrolling.

Zhuhai, Macao work together to improve Yachong River

Wed, 16 Mar 2022 22:00:45 +0000

After being blighted by construction of Gongbei checkpoint, river is set to be transformed into an eco corridor that will become an asset to both cities.

Hengqin to roll out plans to attract Macao residents and businesses

Mon, 07 Mar 2022 22:00:54 +0000

Inducements include subsidies for investors and rewards for highly qualified young workers; plans for convention and exhibition centre also mooted.

Greater Bay Airlines cleared for take-off

Mon, 21 Feb 2022 23:00:55 +0000

Shenzhen tycoon Bill Wong’s new carrier granted permission to carry passengers and cargo on 104 routes with no frequency limits.

Zhuhai’s Jinwan aviation cargo terminal set to become China’s biggest

Sun, 13 Feb 2022 22:30:18 +0000

Opening in December, the 10.5 hectare ‘intelligent logistics park’ is expected to handle 500,000 metric tons of cargo annually.