Why can't Zhuhai Hengqin develop?

Hengqin in Zhuhai, because it is a suburb, has a bad location.

Hengqin is like a treasure in the eyes of Macao people. Because in terms of land expansion, the development of Hengqin can save a lot of things in Macao.

Macao itself is an island with many mountains and few plains. Land reclamation has always been the main way of land expansion in Macao. Nowadays, Macao is once again facing the problem of limited development space. Taking Hengqin directly will bring higher short-term benefits.

Macao is studying and exploring the establishment of a RMB-denominated stock exchange, which will also allow the free flow of capital between Macao and Hengqin, and hopes to introduce the Macao system into Hengqin, making Hengqin the second Macao.

Shell companies:

Thanks to the tax reduction policy, there are currently more than 40,000 enterprises registered in Hengqin. By last year, 45 Fortune 500 companies and 73 China Fortune 500 companies had settled down.

But in fact, most enterprises in Hengqin are shell companies, and tax reduction is the biggest purpose. Otherwise, even if there are only two people in each company, the existing population of Hengqin will not be so small.