Zhuhai Hengqin New Area ushered in a big development boom. Taking Hengqin Island as the main body, we will build a new platform for financial cooperation between Guangdong, Hong Kong and Macao, and build Hengqin New District into Guangdong Province and Hong Kong Special Administrative Region, Macau...
Zhuhai Hengqin New Area ushered in a big development boom.
Taking Hengqin Island as the main body, we will build a new financial cooperation platform between Guangdong, Hong Kong and Macao, and build Hengqin New District into a â€œfinancial special zoneâ€ jointly established by Guangdong Province, Hong Kong Special Administrative Region and Macao Special Administrative Region.
Standing on the back of Hengqin Island, the view of Macau is still opposite, and the Hengqin Island at the foot has already faded away and become lively. On April 28th, as the start-up project for the development of Hengqin, the first phase of the Zhuhai Cross Gate Central Business District will be sold, and in the near future, including the Convention and Exhibition Center, the International Conference Center, a super 5-star hotel, an international standard 5 Star hotels and international Grade A office buildings will be displayed in front of the world.
Since the State President Hu Jintao attended the groundbreaking ceremony at the end of last year, the work of the Hengqin New Campus of the University of Macau has accelerated and orderly. The first phase of the landmark building, the central teaching building and the library project, will be fully integrated with the foundation project this month.
The ever-changing Hengqin New District is setting off a massive development boom.
According to Niu Jing, director of the Hengqin New District Management Committee of Zhuhai, Hengqin's development and construction work is progressing smoothly. Five key projects with a total investment of more than 70 billion yuan have been launched: the total investment of the University of Macau's Hengqin New Campus is over 6 billion yuan. On the occasion of the 10th anniversary of the return of Macao on December 20 last year, the company officially laid the foundation; as a new bright spot and new landmark of Zhuhai Special Economic Zone, the cross-business area will have a total investment of more than 38 billion yuan in the next 5 to 10 years; the investment will reach 10 billion yuan. Yuanlongâ€™s Changlong Ocean Park has been launched; the BT project for Hengqin Island infrastructure is under construction by China Metallurgical Group, involving more than 10 billion yuan; China Power Investment's multi-cogeneration gas power generation project, with an investment of 12 billion yuan. â€œThere is change in one year, results in three years, and great changes in five years.â€ Gan Lin, secretary of the Zhuhai Municipal Party Committee, set a timetable for Hengqin Development. â€œEncouraging financial innovationâ€ is one of the important contents of the â€œHengqin Overall Development Planâ€ approved by the State Council, and it is also one of the distinctive features. At the Fourth Session of the Seventh Session of the Zhuhai City Committee held not long ago, CPPCC members proposed a proposal to allow Hengqin New District to implement the circulation, settlement and settlement of RMB, HKD and MOP, and establish a regional currency trading market in due course. .
Some CPPCC members in Zhuhai have proposed that cross-border circulation of RMB, Hong Kong dollar and Macau dollar between Guangdong, Hong Kong and Macao has long been a special currency substitution phenomenon, which is inseparable from traditional historical factors and institutional arrangements. Hengqin New District can consider the problem of diverting and resolving the current huge underground illegal RMB and foreign exchange transactions, and applying for the pilot of RMB free exchange under the premise of restricting regions and limiting quotas. On the regional cooperation side, the Guangdong, Hong Kong and Macao parties can jointly build a regional currency cash adjustment market in Hengqin New District, based on the regionalization of the RMB, and focus on building the spot exchange market of RMB and Hong Kong dollars and Macau dollars under the â€œExchangeâ€ mode. This will gradually promote the multi-currency spot trading market.
According to Huang Wenzhong of the Zhuhai Municipal Committee of the Democratic National Construction Association, according to the plan, the population plan for Hengqin will reach 120,000 in 2015 and 280,000 in 2020. At the same time, a special and convenient customs clearance system will be implemented with Hong Kong and Macao. It is very necessary to set up various financial institutions, especially to introduce large-scale financial institutions for integrated operations and offshore financial business pilots.
To this end, it is necessary to strive for the state to liberalize financial institutions and market access policies, and promote national commercial banks and Guangdong financial institutions to establish regional headquarters in Hengqin, and further liberalize Hong Kong and Macao banks in Guangdong Province on the basis of CEPA. The piano sets the threshold for branches. Support and attract domestic and foreign qualified financial institutions to set up institutions in Hengqin, conduct comprehensive operation pilots, establish or participate in banks, insurance, trusts, securities, financial leasing and other institutions. At the same time, according to the "Hengqin Overall Development Plan", the coordinating supervision department agreed to move into the Hengqin New District's corporate financial institutions to take the lead in piloting the financial industry integrated operation, and agree to open RMB and foreign currency offshore business.
Huang Wenzhong said that the ultimate goal of financial innovation in Hengqin New District is to build a new platform for financial cooperation between Guangdong, Hong Kong and Macao with Hengqin Island as the main body, and build Hengqin New District into Guangdong, Hong Kong Special Administrative Region and Macao Special Administrative Region. Hong Kong and Macao Financial Closer Cooperation Zone, the â€œFinancial Special Zoneâ€ of the Guangdong, Hong Kong and Macau Financial Common Market Pilot Zone. (Guangdong today)
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