Greater Bay Area

Efficient, Convenient, and Open Interconnection - New Policies for Hong Kong and Macao to Welcome Convenience and Benefit Enterprises for Entry and Exit

2024-05-07   

On the 6th, the National Immigration Administration officially implemented several policy measures to further facilitate the entry and exit management of enterprises. Mainland residents who participate in the "Qinhuangdao Tourism Group" can travel back and forth to Macau and Qinhuangdao multiple times within 7 days of entering Macau through the "group in group out" method. In the early morning of the same day, the first group of 16 people, the "Qin'ao Tourism Group", drank the new policy of "First Meal Soup" and began a 3-day and 2-night journey in Macau and Qin'ao, during which they entered Macau twice. Various sectors in Hong Kong and Macao believe that the new policies and measures for facilitating the entry and exit of enterprises and enterprises will help stimulate market vitality, optimize the business environment, and shape a higher-level open economy. This fully reflects the high attention and care of the central government towards Hong Kong and Macao, and is also a vivid example of supporting the development of the "One Country, Two Systems" cause. Talent exchange promotes open development. According to a new arrangement announced by the National Immigration Administration on April 28th, the scope of talent endorsement policies for mainland residents visiting Hong Kong and Macao has been expanded from the Guangdong Hong Kong Macao Greater Bay Area to Beijing and Shanghai. Six types of talents can apply for relevant certificates and make multiple trips to Hong Kong and Macau within the validity period, with each stay not exceeding 30 days. Legislative Council member Yan Gang of the Hong Kong Special Administrative Region pointed out that the preferential policy launched this time focuses on promoting talent exchange and facilitating mainland residents to visit Hong Kong, promoting the economic development and prosperity of the Special Administrative Region, with strong targeting. It is expected to play an important positive role in Hong Kong's economic recovery and strengthening connectivity with the mainland. Yan Gang said that he hopes that the SAR government can seize the opportunity brought about by the policy of benefiting Hong Kong, formulate corresponding docking measures, and implement the new policy of central support for Hong Kong's economic development, development, and people's livelihood, so that all sectors of society can share the development benefits and benefits brought by the policy of benefiting Hong Kong. "Beijing and Shanghai's six types of talents can apply for talent endorsements to Hong Kong and Macau, which is an area that I am very concerned about." Li Xi, Executive Vice Dean of the School of International Tourism and Management at City University of Macau, pointed out that as more and more outstanding talents can conveniently travel between the mainland and Macau, it will undoubtedly promote academic exchanges between regions, improve the level of higher education development in Macau, and provide rich intellectual support for the "1+4" industry development in Macau in the long run. After the implementation of the new policy of facilitating the people and enterprises to unleash market vitality, the duration of stay for business endorsement holders in Hong Kong and Macao has been extended from 7 days to 14 days. In addition, the "National General Office" measures will be applicable to business endorsement, and applicants can go through formalities with relevant units throughout the country without being limited to registered residence or residence. "In the past, many mainland investors have reported that they need to travel back and forth between mainland China and Macau multiple times when conducting investment inspections, registering enterprises, and opening bank accounts. Now that the stay period for business endorsements is relaxed, mainland investors can basically complete all the procedures for investment landing at once, which helps attract more investment projects to settle in Macau." said Shi Jialun, President of the Guangdong Macao Federation of Industry and Commerce. Lin Zhiying, a representative of the National People's Congress of the Hong Kong Special Administrative Region, stated that after the optimization of relevant measures, it will promote more mainland enterprises to take advantage of the advantages of Hong Kong Unicom both domestically and internationally, develop overseas markets, and promote business internationalization. The role of Hong Kong's "super liaison" will be more prominent

Edit:Lubaikang Responsible editor:Chenze

Source:Xinhua network

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