The Macao SAR Government and the Zhongshan Municipal People's Government have reached an agreement through consultation to set forth the Framework Agreement on Cooperation in Construction of Cuiheng New District of Zhongshan.

According to this agreement, Macao and Zhongshan will jointly develop and collaborate in managing an internationalised demonstration zone of Guangdong-Macao co-operation, jointly develop Cuiheng New District; foster in-depth interactions between Guangdong and Macao concerning the economy, society, culture and livelihoods; promote closer co-operation between the two regions; explore more room for Macao to realise a moderately diverse economy; and jointly build a spiritual home for local and overseas Chinese and an economic growth hub for the Pearl River Delta Region.

The co-operation will break the limitations of the “Industrial Park” co-operation model; cater to the urgent needs for transformation of SMEs and domestic demand for medical and healthcare, leisure and housing in Macao; extend co-operation in education, tourism, cultural exchanges, trading services and industries.

The agreement clearly states that the first phase of the project covers the starting zone of the Cuiheng New District, which includes the southern part of Third Ring Road West and Fourth Ring Road West, occupying a total area of five square kilometres. The two parties will set up a joint venture investment company to launch the development and construction of the integrated demonstration zone.

The dedicated area is divided into five functional zones: Guangdong-Hong Kong-Macao Industrial Cooperation Park, International Trade Services Platform, Guangdong-Macao Education and Training Park, International Cultural Exchange Zone, Guangdong-Hong Kong-Macao Tourism Cooperation Zone.