Shenzhen tycoon Bill Wong’s new carrier granted permission to carry passengers and cargo on 104 routes with no frequency limits.
Greater Bay Area
Opening in December, the 10.5 hectare ‘intelligent logistics park’ is expected to handle 500,000 metric tons of cargo annually.
Total trade hits 332 billion yuan, up by 21.5%, with exports of mechanical and electrical products particularly strong.
Latest results point to an increasingly rosy future for Macao’s dynamic new neighbour.
Province’s foreign trade surpassed RMB 8 trillion yuan in 2021, placing it on par with some of the world’s major economies.
Raft of handouts includes up to RMB 12,000 a month for employees and one-time RMB 50,000 subsidy for new businesses.
With top speed of 160 kmph, train journey from Macao to fast-expanding Zhuhai airport will take little more than 30 minutes.
Wang Weizhong has reputation for stamping out corruption, expected to promote expansion of Greater Bay Area.
Integration and development of information technology also given high priority during top-level discussions.