18 August 2020
The People’s Government of Jiangmen has issued a notice on several work measures for stabilizing investment in Jiangmen (2020-2022) on 18 August 2020. This work measure proposes 22 policy details from 6 directions, including strengthening platform carriers, activating investment entities, reducing investment costs, strengthening factor support, optimizing the investment environment and launching investment-oriented activities. Among them, the measures propose to promote the construction of a high-end industrial cluster development zone in the Guangdong-Hong Kong-Macao Greater Bay Area (Western Zhuhai), cultivate world-class industrial clusters and build a high-quality major platform. The measures also support banking institutions to carry out cross-border loan business and deepen Jiangmen-Macao financial cooperation. In addition, support Hong Kong and Macao private equity funds to participate in the financing of innovative enterprises in Jiangmen and encourage qualified companies to issue bonds in Macao and get listed for financing in Hong Kong. The measures came into force on 18 August 2020 and would be valid until 31 December 2022.