On June 12, 2020, Zhuhai Da Heng Qin Development Co., Ltd., an Executive Unit of the 2nd China (Hengqin) Scientific and Technological Entrepreneurship Competition, held the Online Presentation Hong Kong Session for the Competition together with Hengqin FTZ (Hong Kong) Representative Office. At this session, Ms. Wu Xuxia from Zhuhai Da Heng Qin Development Co., Ltd., Ms. Xie Jiaen, Permanent Representative of Hong Kong Representative Office, and Mr. Lin Yinghong, Vice Chairman of the Greater Bay Area Federation of Accountants and management consultant of Lontreprise Consulting Ltd, introduced and shared the eligibility criteria of the Competition and FAQs, Hengqin's investment climate and latest preferential policies, and tax issues in the mainland respectively.
Ms. Wu mainly introduced the rules, registration, schedule of the Competition, and interacted with participating teams to explain frequently asked questions online.
Ms. Xie Jiaen, Permanent Representative of Hengqin FTZ (Hong Kong) Representative Office, introduced Hengqin's investment climate, industrial development and latest preferential policies in order to facilitate the integrated development of HK companies and Hengqin. Mr. Lin Yinghong interpreted in detail the mainland's tax registration, corporate annual review, bank account opening, and address renewal for HK businesses.
It is learned that the Competition will offer grants of RMB 300 million to the winning teams. This Competition will, in light of the actual industrial foundation and endowment advantages in Hengqin, focus on four areas, i.e. IC and chip design, big data and AI, biomedicine and medical devices, and new materials, and bring together projects with innovation and high-growth potential in the world to coordinate with the development of China's strategic emerging industries and Hengqin's industrial development plan. The registration for the Competition will close at 5:00 p.m. on July 15, 2020. Projects may be registered through the official website www.hqkcds.cn.