MSAR and Zhongshan ink business agreement

The MSAR and Zhongshan have signed a business co-operation agreement focused on supporting youth innovation and entrepreneurialism. The inking of the agreement took place during the 2nd session of the Macau-Zhongshan collaboration task force in Macau, held on Tuesday. Secretary for Economy and Finance Lionel Leong Vai Tac expressed in the meeting that Macau and Zhongshan had already established an official co-operation mechanism but noted that the future concentration of co-operative efforts will focus on the encouragement of youth employment and entrepreneurship. The content of the agreement includes providing platforms for the exchange of ideas between young people from the two cities, as well as promoting and supporting young people from Macau to work in Zhongshan, especially in Cuiheng New District. Leong added that the development co-operation programme in Cuiheng New District will be confirmed as soon as the direction of co-operation between the two cities is solidified. During the meeting, Leong expressed that the yacht scheme, which will be established by the end of this year, will attract more tourists and thus provide more business opportunities for young people and small and medium-sized business entrepreneurs. The scheme seeks to enable the diversification of the city’s economy and further help Macau develop as an international tourism and leisure centre. In addition, the co-operation between the two cities includes Macau acting as a platform for entrepreneurs from Zhongshan to enter markets in Portuguese-speaking countries, and vice versa, with the MSAR providing the necessary support and services.