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| China has adjusted tariff policies for the Guangdong-Macao in-depth cooperation zone in Hengqin to promote efficient goods flows and the diversified development of Macao's economy. |
| More entities and products will enjoy tax exemption or bonded policies in the cooperation zone, and the processing and manufacturing industry will be encouraged with new duty-free rules for products made from materials from Macao, according to the Ministry of Finance, the General Administration of Customs, and the State Taxation Administration. |
| The authorities also made clear tax policies for personal baggage and delivery items in the cooperation zone to facilitate people's flows and strengthen supervision. |
| A plan released last month said by 2035, the 106-square-kilometer area will become a strong growth engine for the Guangzhou-Zhuhai-Macao science and technology innovation corridor, which is expected to promote appropriate diversity in Macao's economy. |
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