Accompanying the Macao SAR Government’s official visit to Portugal and Spain, Commerce and Investment Promotion Institute (IPIM) of the Macao Special Administrative Region organised a high-level delegation of about 120 representatives from the political and business realms of the Chinese mainland and Macao, to participate in a series of events held by the Macao SAR Government from 19 to 24 April, including exhibitions, networking receptions, and promotional seminars. The delegation will also visit 16 organisations (including economic and trade departments, and pivotal industry projects involving high technology and big health), with the objective of fostering cross-border investment and the co-ordinated development of industrial chains leveraging Macao’s role as a “Precise Connector” between China and Portuguese and Spanish-speaking countries.
The participating companies from the Chinese mainland and Macao are from industries including pharmaceuticals, high technology, financial services, commerce, MICE, tourism, transportation and logistics, construction, e-commerce, and professional services. Notably, companies engaged in high technology and big health dominate account for nearly 40% of the participants. The diverse mix includes China’s top 500 companies, publicly listed firms, and industry frontrunners. Among them, the first-time participant “Service Centre for Economy and Trade between China and Portuguese/Spanish-speaking countries” also co-ordinated the participation of enterprises, further expanding economic and trade ties between China and Portuguese-speaking countries.
Promoting Industrial Alignment and Enhancing the Effectiveness of Investment Attraction
During their visit to Portugal and Spain, the Commerce and Investment Promotion Institute (IPIM) of Macao will invite about 240 representatives from local government and business sectors to attend two economic and trade co-operation promotion seminars focusing on the “Macao + Hengqin” positioning and the business advantages of these two regions. By leveraging measures such as the Macao Sci-Tech Park, the Government Guidance Fund, and the “Scheme for Supporting the Development of Macao First-Store Economy,” IPIM aims to attract high-quality enterprises from Portugal, Spain, and other international high-tech and big health sectors to establish their presence in Macao and Hengqin, thereby enhancing the SAR’s investment promotion endeavours. At the event, signing ceremonies and high-quality business matching sessions will be organised, offering a more precise, efficient, and convenient channel for investment and fostering connections and collaboration among companies from the Chinese mainland, Macao, and international entities.
To help the Chinese mainland and Hengqin enterprises better utilise Macao’s platform strength in the international collaboration between China and Portuguese-speaking countries (PSCs), a promotional event for professional services will be held to help enterprises in the Chinese mainland and the Co-operation Zone better understand and make good use of Macao’s professional expertise in the field of China-PSCs co-operation, including finance, investment, law, arbitration and business consulting. This initiative will help the enterprises explore into the markets in Portuguese-speaking countries, strengthen Macao’s function as a reliable hub between China and PSCs, and promote long-term co-operation and market development.
A “One-stop” Macao-Hengqin Business Information Platform
In addition, to leverage the synergistic effect of “MICE + Tourism”, IPIM will set up a booth at the “Experience Macao Roadshow in Madrid” held by the Macao Government Tourism Office at Puente del Rey (Kings Bridge), Madrid, Spain. Covering an area of 36 square metres and using multi-media installations, the booth will serve as a “one-stop” platform enabling local residents and international businesspeople to access detailed business information about Macao. This endeavour aims not only to attract more high-quality Spanish and international investors to establish ventures in Macao, but also underscore Macao’s strengths in bridging domestic and international markets, promoting the mutually beneficial development of MICE, tourism and investment.
