An exchange meeting was recently held among the International Forum for Clean Energy (IFCE) (Macao), State Power Investment Corporation (SPIC) Overseas, and the Economic Development Bureau of the Guangdong-Macao In-Depth Cooperation Zone in Hengqin to focus on the zone's industrial development, sci-tech innovation, as well as opening-up and cooperation.

Zhou Jie, vice chairman and secretary-general of the IFCE (Macao), detailed the forum's development over the past 10 years and work plan of the ninth forum scheduled to take place in the cooperation zone. The event will focus on international promotion, investment attraction, industry introduction, project construction, and talent introduction, said Zhou.

Hengqin and Macao are only separated by a mere strip of water [File photo courtesy Guanhai App]

The work plan for green sci-tech innovation and green finance, two parts of the forum, was discussed in detail at the meeting by Wang Yueqing, deputy general manager of Hengqin-based SPIC Overseas.

He added that a national sci-tech innovation center will be established to boost the innovative development of the new energy and big data industries, while a carbon neutral industry fund will be jointly launched to promote the integrated development of financial technology and green finance, as well as to diversify Macao's economy.

The Economic Development Bureau has been introducing policies and supporting mechanisms to provide a good business environment for industrial cooperation and investment attraction in the cooperation zone, said acting director Li Ziwei.

The bureau will carry out special research on the cooperation and development ideas proposed by the forum so that more "new technologies, industries, business forms, and models" can take root in Hengqin.

Previously, IFCE (Macao) and SPIC Overseas have reached a strategic cooperation agreement to jointly develop key industries like sci-tech innovation, finance, culture and tourism, as well as convention and exhibition in Hengqin.