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Regional/ Zhuhai Special

About Zhuhai

By Yuan Shenggao | China Daily | Updated: 2020-08-25 15:37

Zhuhai, a city of only 40 years in Guangdong province, has vowed to map out a high-quality growth plan to embrace historic development opportunities.

As a powerhouse on the western bank of the Pearl River Estuary, Zhuhai was one of the earliest special economic zones in China, and has been placed at the forefront of reform and opening-up.

Zhuhai is prioritizing innovation. Over the past few years, the city government has insisted upon boosting innovation and creating a scientific and technological innovation system.

About Zhuhai

The city also issued measures to cultivate and introduce leading industries, offering beneficial policies, funding, talent and land supports for the development of entire industrial chains. Zhuhai aims to cultivate a batch of unicorn enterprises - startups valued at over $1 billion - and gazelle enterprises - high-growth companies - via its various investment funds.

So far, Zhuhai is home to more than 2,000 high-tech enterprises. Many of them, such as Yunzhou-Tech (Oceanalpha) and Naruida, are set to be qualified to unicorn status.

Zhuhai has implemented measures to strengthen opening-up and attract investment, such as providing enterprise headquarters projects with up to a 100-million-yuan in financial assistance.

The Belt and Road Initiative and the FTZ construction, as well as a series of high-level international exhibitions held in Zhuhai are expected to bring more opportunities to the city to improve its capacity for innovations and industry strength, officials said.

 

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