Hengqin, Macao honing model of collaborative development

New university campus exemplifies spirit of cooperation A view of the Guangdong-Macao In-Depth Cooperation Zone in Hengqin. Speaking at the Dec 9 groundbreaking ceremony, Ho Iat-seng, chief executive of the Macao Special Administrative Region, said the new campus "signifies a new milestone in the collaborative development and deep cooperation between Macao and Hengqin, and will further promote Macao's faster integration into the national development framework". Construction of UM's new campus in the Hengqin cooperation zone is spurred by its vision to promote the high-quality development, as well as helping it achieve the strategic alignment of its "four new" sectors: sci-tech research and high-end manufacturing; traditional Chinese medicine; cultural tourism, convention and exhibition; and modern finance. As well, in the first three quarters, the added value of "four new" industries reached 21.6 billion yuan, accounting for 57.8 percent of the cooperation zone's GDP. "This move directly benefits the advancement of technology R&D, TCM and other Macao-branded industries, as well as advanced manufacturing companies in the cooperation zone," said a business operator, noting that the concerted efforts of a series of policies are expected to drive Hengqin and Macao to accelerate formation of a complete industry chain system and cultivate more productive forces.