What kind of invoice can a resource recycling enterprise that implements "reverse invoicing" issue?

Recently, State Taxation Administration of The People’s Republic of China issued the Announcement on Issues Related to "Reverse Invoicing" by Resource Recycling Enterprises to Sellers of Scrap Products from Natural Persons (State Taxation Administration of The People’s Republic of China Announcement No.5, 2024), clarifying that since April 29, 2024, sellers of scrapped products from natural persons will sell scrapped products to resource recycling enterprises, and qualified resource recycling enterprises can issue invoices to sellers (referred to as "reverse invoicing"), which will help to promote large-scale equipment renewal and trade-in of consumer goods.

What kind of invoice can a resource recycling enterprise that implements "reverse invoicing" issue? Let’s get to know each other ↓

Q: What invoices can be issued by resource recycling enterprises that implement "reverse invoicing"?

Answer: Considering the fact that taxpayers need invoices for pre-tax deduction of income tax, and taxpayers who apply the general VAT taxation method also need special VAT invoices to deduct the input tax, therefore, if the resource recycling enterprises belong to the general VAT taxpayers who apply the general VAT taxation method, they can issue special VAT invoices and ordinary VAT invoices in reverse; If it is a small-scale VAT taxpayer, or a general VAT taxpayer who chooses to apply the simple VAT taxation method, ordinary invoices may be issued in reverse, and special VAT invoices may not be issued in reverse. If the resource recycling enterprise sells scrapped products and the VAT tax calculation method changes, it shall apply for adjusting the ticket type of "reverse invoicing" and correctly invoice according to the selected applicable VAT tax calculation method. Resource recycling enterprises can deduct the tax indicated on the special VAT invoice issued in reverse according to regulations.

Case 1: Company A, a resource recycling enterprise, belongs to the general taxpayer of value-added tax, and its sales of scrapped products are subject to the general taxation method of value-added tax, and it has obtained the qualification of "reverse invoicing". In June, 2024, Company A purchased waste plastics from natural person A who sold waste products, and the purchase amount was 2.02 million yuan. For the above-mentioned acquisition business, Company A chooses to issue a special VAT invoice in reverse, indicating that the sales excluding tax is 2 million yuan and the tax amount is 20,000 yuan. Then Company A can deduct the above-mentioned input tax of 20,000 yuan when calculating the VAT payable in June 2024.

Case 2: Company A, a resource recycling enterprise, belongs to the general taxpayer of value-added tax, and its sales of scrapped products are subject to the simple tax calculation method of value-added tax, and it has obtained the qualification of "reverse invoicing". In July, 2024, Company A purchased waste plastics from natural person A who sold waste products, with the purchase amount of 1.01 million yuan. For the above-mentioned acquisition business, because Company A has chosen to apply the simple tax calculation method of value-added tax, it can only issue ordinary invoices to natural person A in reverse, and cannot issue special invoices for value-added tax in reverse.

Original title: "What kind of invoice can a resource recycling enterprise that implements" reverse invoicing "issue? 》

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Plate rotation, hot spots frequently! Is the big market coming?

Firewire opportunity, depth quick comment! Hello, everyone, I’m the little god of wealth.

The strong performance of the pre-holiday market continued to the first trading week in May as scheduled.

Recently, the performance of China’s assets is very bright. Hong Kong stocks have reached the standard of technical bull market, and the Shanghai Composite Index once reached the standard of technical bull market this Friday. On Monday, the market showed a general upward trend, and the overall performance of the next four trading days was a volatile trend.

Plate, plate rotation, hot spots frequently. In the financial real estate sector, the troika of banking, insurance and real estate continues to be strong; Among the periodic plates, the chemical plate with obvious price increase characteristics is strong; After the value sector rose sharply on Monday, it generally entered a state of adjustment; In the concept plate, synthetic organisms, like a dark horse, have sprung up and become the focus of the market.

In the news, the heat of the real estate market continues to heat up. Chengdu, Hangzhou and Xi ‘an have cancelled the purchase restriction policy one after another, and the policy support for the real estate industry has continued to strengthen. With the rising popularity of the market, the next market performance is still highly anticipated.

Under the blessing of market conditions, this week’s firewire quick evaluation team tracked the copper clad laminate and shipbuilding sectors in various directions to analyze the investment logic and market potential behind them for investors.

The investment logic of cyclical stocks is relatively simple, that is, paying attention to the sustainability of product price increases. If product prices continue to rise, then the future performance of related listed companies is expected to increase substantially, and their share price performance will be ahead of performance.

Since the beginning of the year, the copper price has risen sharply, and the spot settlement price of LME copper has risen from $8,430/ton at the beginning of 2024 to $9,737/ton on May 3. The rise in copper prices has led to a passive increase in the prices of important PCB raw materials such as copper clad laminate, copper foil and copper balls. In late March, copper clad laminate manufacturers such as Jiantao Laminated Board, Willibon and Jinbao Electronics have issued price increase letters.

In this context, the FireWire Quick Review Team timely sorted out the investment logic and related stocks of the CCL plate, and released the information before the market on May 8. Among them, Huazheng New Materials’ share price rose by nearly 10% within two trading days after the information was released, and its performance was bright.

Influenced by the demand cycle, ship age replacement cycle and environmental protection convention, the shipbuilding industry will experience a big cycle every 20~30 years on average. World War II, 1960~1973 and 1990~2010 are the past three rounds of shipbuilding big cycles. According to Shenwan Hongyuan Research Report, at present, it is at the starting point of a new shipbuilding cycle from 2021 to 2038.

On May 6th, China Merchants Steamship announced that four single shipping companies under China Merchants Gas Transportation and Qatar Energy held a signing ceremony for four QCMAX LNG carriers with a term of 25+5 years in Beijing. After the ceremony, the two sides signed the agreement and it will take effect on May 2. On the same day, the Ship Construction Agreement with Hudong Shipyard for four QCMAX LNG carriers was signed and came into effect, with a total ship cost of about 10 billion yuan.

Dage has been paying more attention to the shipbuilding industry. Seeing this news, he quickly organized a FireWire quick evaluation team to sort out the investment logic and related stocks of the shipbuilding sector, and released the information before the market on the next day (May 7). Among them, China Ship Defence and China Ship mentioned in this article have achieved the highest share price increase of 5.51% and 5.3% respectively within five days after the information was released, which is also considered as living up to expectations.

There are thousands of financial events, and there are only a few valuable ones. The popularity of the A-share market continues to rise. What other sectors will surprise us in May? Welcome to join FireWire Quick Review, and work with us to deeply explore the hot concepts and theme opportunities in the market.

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"I will run to the end!" Biden refutes rumors of withdrawal.

US President Biden and his campaign team reiterated on Wednesday (July 3) that he would not withdraw from the election.

"Let me say as clearly and simply as possible that I am running for office and I will not leave." Biden said.

Is emergency fire fighting useful?

Since the TV debate last Thursday (June 27th), 81-year-old Biden has made four public appearances, giving speeches on the Supreme Court ruling, extreme weather, the Stonewall National Monument in new york and the Medal of Honor ceremony held at the White House on Wednesday. In these four speeches, Biden spoke for a total of 32 minutes with the teleprompter, but did not answer questions on the spot.

According to the presidential schedule announced by the White House on Wednesday, Biden held a conference call with campaign staff that day and met with several Democratic governors at the White House. It is reported that Biden reflected on his poor debate performance during the meeting and told them that during the debate, his mind was full of figures and he ignored the key points; Biden also shared his plan to "make a comeback" with the governors.

On the same day, Biden also telephoned the top Democratic Party members in Congress.

"The past few days have been very difficult." Biden told campaign workers in a conference call, "I know you have received many calls, and I’m sure many of you have questions. I am the nominee of the Democratic Party. No one can drive me away. I’m not leaving. I will stick to the end in this campaign, and we will definitely win, because when the Democratic Party is United, we will always win. "

US Vice President Harris also participated in the conference call that day. She also reiterated that Biden will not withdraw from the election. "We will not back down. We will follow the president’s lead. We will fight and we will win. "

White House Press Secretary Pierre said at the afternoon briefing that Biden had absolutely no plans to withdraw from the presidential election.

It is reported that members of the Democratic Party Congress said that since the "disastrous" debate, Biden had little contact with members of the Democratic Party in private, which made them very surprised. According to members of the Democratic Party, Biden didn’t talk to jeffries, the Democratic leader of the House of Representatives and Democrat of New York, until Tuesday, and didn’t talk to Schumer, the majority leader of the Senate and Democrat of New York, and Pelosi, the former Speaker of the House of Representatives and Democrat of California, until Wednesday morning. Biden’s meeting with the Democratic Governor on Wednesday night was arranged at the request of Minnesota Governor volz.

The latest poll shows that Trump’s support rate is rising.

In the latest poll released on Wednesday, among registered voters surveyed, former US President Trump leads Biden by 49% to 41%. For voters who have not yet decided to vote, Trump leads Biden by 6 percentage points, which is 3 percentage points higher than before the debate.

This is Trump’s biggest lead in this poll since 2015; Another poll released on Wednesday was similar to the above survey, showing Trump leading Biden by 48% to 42%.

In another poll, 41% of Democratic voters believe that Biden should be replaced.

"I think people pay more attention to age than the reality of our daily life under the leadership of two different governments (Democratic Party and Republican Party)." Shalia Murray, a 57-year-old registered Democrat from Texas, said that she is very supportive of Biden, but she is worried about voters’ indifference and attention to "very superficial issues."

At the same time, more voters expressed concern about Biden’s age after the debate.

According to the latest poll on Wednesday, three-quarters of voters (74%) think Biden is too old for the presidency, which is five percentage points higher than before the debate.

Although Republicans are more likely to say that Biden is too old (82%), the proportion of Democrats who agree with this after the debate (59%) has also increased by eight percentage points. At the same time, 79% independent voters think Biden is too old to play a role.

Although these poll results made many Democrats very scared, Biden’s campaign insisted that they should keep calm and move on. "We will see some poll results today, and we hope everyone can hear our internal information and what we expect to happen outside." Spin doctor, a member of Biden’s team, said, "The opinion polls are only a snapshot of time, and we should all expect that they will continue to fluctuate, and it will take weeks, not days, to fully understand the campaign.".

Biden’s campaign team said that the poor performance of the polls four months before the election did not mean that Biden could not win.

"Both internal and external opinion polls confirm that the competition is still very fierce." "I don’t think today’s polls have fundamentally changed the campaign situation," said Molly Murphy, a polling expert for Biden’s campaign team, in a statement. Murphy stressed that an optimistic message about Biden’s campaign is that he continues to weaken Trump’s support among independents.

[IC Billboard Candidate 136] Aixin Yuanzhi: M76H gallops the track, making AI applications no longer out of reach.

[Editor’s Note] In 2024, the IC Billboard was upgraded again, with 35 awards and 59 lists, which was not only brand-new in form and depth, but also more scientific and comprehensive in classification, with deeper industrial reach and continuous expansion of industry influence. This year’s jury is jointly served by more than 100 member units of the Semiconductor Investment Alliance and 500+ semiconductor industry CEOs. The winners will be grandly announced at the 2024 Semiconductor Investment Annual Conference and the IC Billboard Awards Ceremony to stimulate the potential of industrial innovation and set a new benchmark for the industry.

[Candidate] Aixin Yuanzhi Semiconductor (Ningbo) Co., Ltd. (hereinafter referred to as Aixin Yuanzhi)

[Candidate Award] Outstanding Innovative Product Breakthrough Award of Car Gauge Chip of the Year

Founded in 2019, Aisin Yuanzhi is committed to building the world’s leading artificial intelligence sensing and edge computing chips, serving the huge edge and end-side equipment markets such as smart cities, smart driving, robots and AR/VR. The company focuses on the development of edge-side and end-side artificial intelligence chips with high performance and low power consumption. Up to now, it has completed the research and development and mass production of four generations of intelligent chips. .

Aixin Yuanzhi has always regarded "persistence in innovation and independent research and development" as the core of the company’s development, and applied for nearly 300 intellectual property rights, including more than 250 patents. The two core technologies independently developed-Aixin Intelligent Eye AI-ISP and Aixin Tongyuan mixed precision NPU-have integrated perception and calculation, and have built a solid technical barrier.

Among them, the industry-leading AI-ISP self-developed IP (Ai Xin Zhi Mu AI-ISP) uses pixel-level AI processing technology to comprehensively improve the imaging effect in various complex application scenarios and provide high-quality images and video materials for later intelligent processing; Ai Xin Tong Yuan’s mixed precision NPU adopts multi-threaded heterogeneous multi-core design, which realizes the optimization of operators, network microstructure, data flow and memory access, efficiently supports the design of mixed precision algorithm, and natively supports the Transformer network structure, providing a good foundation for the application of large models at the edge and end.

At present, Aixin Yuanzhi’s complete product roadmap covers the middle, high and low-end markets, which can meet the product needs of customers in different scenarios. At the same time, based on the vertical integration of algorithms, chips and products, Aisin Yuanzhi can provide partners with full-stack solutions to help customers achieve the rapid landing of the latest technologies.

Based on the two core technologies of self-research, Aixin Yuanzhi galloped all the way on the smart driving chip track, and recently officially released the car brand-Aixin Yuansu, and has developed a number of series of products. Among them, M76H is a high-performance heterogeneous multi-core NPU V3 architecture master control chip, a full-time traveling and parking integrated passive heat dissipation domain control chip with Transformer & BEV performance.

This product can provide powerful perception, calculation and data processing capabilities for intelligent driving to meet the needs of different scenarios; Can realize high-speed NOA, urban ICA, automatic parking and other functions; It is beneficial for customers to flexibly develop deployment algorithms and create a cost-effective combination of parking and driving, which is suitable for L2/L2+/L3 and above high-order assisted driving.

Looking forward to the future, Aixin Yuanzhi bluntly said that it will be committed to becoming a digital and intelligent entrance to the physical world, making AI applications no longer out of reach, providing convenience for the public with Pratt & Whitney AI and creating a better life.

[Award declaration entrance]

The 2024 Semiconductor Investment Annual Conference and IC Billboard Awards Ceremony will be held in December 2023, and the award declaration has been started. At present, the collection and reporting of candidate enterprises/institutions are underway. Welcome to sign up for the industry feast!

[Outstanding Innovation Product Breakthrough Award of Car Gauge Chip of the Year]

It aims to commend enterprises that make up shortcomings, fill gaps or realize domestic substitution, which is of great significance to the self-reliance and self-improvement of China’s car gauge chip industry chain.

[Registration Conditions]

1. Deeply cultivate a certain subdivision of the car gauge chip, and realize the research and development of new products in the past year;

2. The product has strong technical innovation and independent intellectual property rights, which produces certain benefits and promotes the self-reliance and self-improvement of the domestic car gauge chip supply chain.

[Selection criteria]

1, the main performance and index of technology or product (30%)

2. Technological innovation (40%)

3. Product sales (30%)

On-the-spot Report of the CPC Central Committee with the Supreme Leader as the Core Concerned about the Construction of Hengqin Guangdong-Macao Deep Cooperation Zone

The South China Sea is rising and the Pearl River is surging. On the land of South Guangdong, a hot land once again attracts the attention of the world.

On September 5, 2021, the Overall Plan for the Construction of Hengqin Guangdong-Macao Deep Cooperation Zone issued by the Central Committee of the Communist Party of China and the State Council was released, and the fast-forward button was pressed for the Guangdong-Macao cooperative development of Hengqin under the new situation.

Accelerating the construction of Hengqin-Guangdong-Macao Deep Cooperation Zone is a major decision made by the CPC Central Committee with the Supreme Leader as the core, which is of great significance for enriching the practice of "one country, two systems", injecting important impetus into Macao’s long-term development, and promoting Macao’s long-term prosperity and stability and integrating into the overall situation of national development.

From the decision of the CPC Central Committee and the State Council in 2009 to the construction of Hengqin Guangdong-Macao deep cooperation zone, every step of Hengqin’s development has been devoted to the deep concern and ardent expectations of the Supreme Leader General Secretary.

At the beginning of twelve years, my heart felt like one, and the new journey was a total of chapters.

Under the strong leadership of the CPC Central Committee with the Supreme Leader as the core, and closely around the main line of promoting the moderate and diversified development of Macao’s economy, the construction of Hengqin Guangdong-Macao deep cooperation zone has been accelerated and a magnificent chapter has been written.

Based on the overall situation and sizing up the situation, we will make major strategic arrangements to accelerate the construction of Hengqin Guangdong-Macao deep cooperation zone.

A corner of Hengqin in Zhuhai (photo taken on September 13, 2020, photo of drone). Xinhua News Agency reporter Chen Yuhua photo

Hengqin is located at the southern tip of Zhuhai, Guangdong Province, separated from Macao by water.

On October 14th, 2020, General Secretary of the Supreme Leader attended the 40th anniversary celebration meeting of the establishment of Shenzhen Special Economic Zone and delivered an important speech, which gave Hengqin the strategic orientation of Guangdong-Macao deep cooperation zone.

The implementation scope of the cooperation zone is the customs supervision area between the "first line" and "second line" in hengqin island. Among them, Hengqin and Macao Special Administrative Region are set as a "first line"; Hengqin is set as a "second line" between Hengqin and other areas in People’s Republic of China (PRC) Pass. According to the objective reality of Hengqin Island, the cooperation zone is divided into different regions and managed by policies.

This piece of land with a total area of about 106 square kilometers has ushered in a new round of development opportunities.

This is a branch line management customs clearance facility in hengqin island (photo taken on September 18th, 2013). Xinhua News Agency reporter Wei Meng photo

A timeline, which runs through 12 years, marks the unchanging initial intention and unswerving practice of reform and opening up — —

The development of Hengqin is a national strategy, and the General Secretary of the Supreme Leader has always attached great importance to it.

"In the past 10 years, Hengqin New District has changed a lot from scratch. We must never forget our initial intentions, make this place full of innovation and development vitality, and promote the moderate and diversified development of Macao’s economy. " On October 22, 2018, General Secretary of the Supreme Leader visited Hengqin for the fourth time in 10 years.

The beginning of my heart, the butterfly change of the island, began in 2009. In January of that year, The Politburo Standing Committee (PSC), then the Communist Party of China and Vice President of the State, came to Hengqin. When meeting with representatives from all walks of life in Macao, he announced the good news that the central government has decided to agree to develop hengqin island.

Macao Peninsula in the morning light (photo taken on July 29, 2020, drone photo). Xinhua News Agency reporter Zhang Jinjia photo

During this meeting, the Supreme Leader stressed that in the process of development, full consideration should be given to the needs of Macao to achieve moderate and diversified economic development. "This will certainly bring new development space and opportunities for Macao, which is conducive to the long-term prosperity, stability and development of Macao’s economy."

2012年12月,最高领袖同志担任中共中央总书记后首次离京考察,来到广东,第二次来到横琴。他勉励横琴:“要发扬敢为人先的精神,先行先试,进一步扩大开放,勇于探索,勇于去闯,在体制机制创新方面,为粤港澳合作作出贡献”。

2014年12月,澳门回归祖国15周年之际,最高领袖总书记再次踏上横琴土地。

在澳门大学横琴新校区,最高领袖总书记和来自澳门、内地、台湾等地的学生们围坐在课桌旁,听取他们发言,对澳门青年开拓“一国两制”伟大事业寄予厚望:“这项事业需要继续探索、继续发展。这项任务将历史地落到你们肩上。希望青年人勇于担当、奋力开拓。”

2018年10月,最高领袖总书记在广东考察时第四次来到横琴。他强调:“横琴有粤澳合作的先天优势,要加强政策扶持,丰富合作内涵,拓展合作空间,发展新兴产业,促进澳门经济发展更具活力。”

2019年12月20日,最高领袖总书记出席庆祝澳门回归祖国20周年大会暨澳门特别行政区第五届政府就职典礼并发表重要讲话,指出“特别要做好珠澳合作开发横琴这篇文章,为澳门长远发展开辟广阔空间、注入新动力”。

A major deployment, based on the new conditions of the times, will push forward Guangdong-Macao cooperation in depth with greater reform courage and more powerful opening measures — —

The new journey of building a socialist modern country in an all-round way has begun, and Macao’s desire to deeply integrate into the overall situation of national development is even stronger. Exploring new development paths, opening up new development space and adding new development impetus for Macao is not only the proper meaning of "one country, two systems", but also the requirement of the times to comprehensively deepen reform and opening up.

After years of development, the gross domestic product of Hengqin region has increased from 285 million yuan in 2009 to nearly 40.7 billion yuan in 2020, with a total investment of 360 billion yuan in fixed assets, more than 55,000 registered commercial entities and more than 4,500 Australian-funded enterprises.

The solid foundation of cooperation, vast hinterland space, huge innovation potential and objective conditions of being surrounded by water and being convenient for supervision have created favorable conditions for Hengqin to explore the innovation of Guangdong-Macao cooperation system and open wider to the outside world.

In February 2019, the Outline of Guangdong-Hong Kong-Macao Greater Bay Area Development Plan was released, proposing to accelerate the development and construction of major platforms such as Shenzhen Qianhai, Guangzhou Nansha and Zhuhai Hengqin, giving full play to their experimental and demonstration roles in further deepening reform, opening wider to the outside world and promoting cooperation, expanding the development space of Hong Kong and Macao, promoting the cooperation and sharing of public services, and leading the all-round cooperation between Guangdong, Hong Kong and Macao.

This is the Hengqin Bridge in Zhuhai in Guangdong Free Trade Zone (photo taken on November 15, 2018, photo of drone). Xinhua News Agency reporter Deng Hua photo

Driven by a series of major central arrangements, it is timely to deepen the cooperation between Guangdong and Macao in developing Hengqin.

General Secretary of the Supreme Leader personally planned and guided the preparation of the overall plan. Since 2020, he has repeatedly given important instructions on the cooperative development of Hengqin between Guangdong and Macao, emphasizing the need to select the main direction of moderate and diversified economic development and related major projects, and take a multi-pronged approach from the aspects of policy, manpower and financial resources.

In April, 2021, General Secretary of the Supreme Leader presided over the The Politburo Standing Committee (PSC) meeting to review the overall plan.

At this meeting, the General Secretary of the Supreme Leader made an important instruction: We should make good use of Hengqin Cooperation Zone, an area where different rules and mechanisms coexist alternately, actively explore the convergence of rules and mechanisms between the two places, and explore experience for Guangdong-Hong Kong-Macao Greater Bay Area’s market integration.

More powerful institutional innovation and opening-up measures, more distinct people’s livelihood orientation and industrial development orientation, Hengqin Guangdong-Macao Deep Cooperation Zone will bring new development opportunities to Hengqin and Macao, which are separated only by a strip of water, and will also bring new development impetus to Guangdong-Hong Kong-Macao Greater Bay Area’s construction, and play a more active role in accelerating the formation of a new pattern of comprehensively deepening reform and opening up and enriching the practice of "one country, two systems".

This is the sea view room and swimming pool of Haiqin Bay Hotel in Zhuhai Changlong, located in Hengqin International Leisure Tourism Island (photo taken on April 19, 2019). Xinhua News Agency reporter Liu Dawei photo

12 years of hard work, adhering to a heart, writing beautiful answers.

"Banana forests are green and farms are sparse" — — Recalling his first visit to Hengqin in 2009, General Secretary of the Supreme Leader described it in eight words.

Today, standing on the roof of Hengqin International Financial Center, which is more than 300 meters high, overlooking hengqin island, there are many avenues and tall buildings. From Hengqin to Macau, the urban skyline is connected into a whole, which is spectacular.

This is a panoramic photo of Zhuhai Tower, Hengqin International Financial Center Tower and other high-rise buildings and Macau in the distance, which was taken on September 13th, 2020. Xinhua News Agency reporter Chen Yuhua photo

Hengqin in early autumn, warm wind blowing on your face. The construction of "Macao New Neighborhood" project is in full swing. As the first comprehensive livelihood project in Hengqin to build Macao residents and integrate high-quality living space, education, health and social services, the project has been fully started. In the next 5 to 10 years, it is estimated that 30,000 to 50,000 Hong Kong and Macao residents will work and live in Hengqin.

12 years of hard work, witnessing profound changes — —

Chinese and western cultures meet and mountains and seas blend. Hengqin island, separated from Taipa Island in Macau by water, stands the new campus of the University of Macau.

This is the Hengqin New Campus of the University of Macau (photo taken on December 11th, 2014). Xinhua News Agency reporter Wei Meng photo

As a landmark project of Guangdong-Macao cooperation under the framework of "one country, two systems" — — The total area of the new campus of the University of Macau Hengqin is 20 times larger than the original site. Teachers and students live in the mainland, and Macao laws apply, where the two systems collide and blend.

"The University of Macau is ‘ One country, two systems ’ Witness to successful practice in Macao. " Song Yonghua, president of the University of Macau, said. This university, which has been established for 40 years, has become an institution of higher learning with equal emphasis on teaching and research and a top ranking in Asia, and is at the forefront in the fields of chip research and development, quality research of traditional Chinese medicine, and Internet of Things in smart cities.

The change of the University of Macau is the epitome of the deep cooperation between Guangdong and Macao in Hengqin.

In 2009, Hengqin New District was established; In 2015, Hengqin District of Guangdong Free Trade Zone was listed; In 2019, Hengqin International Leisure Tourism Island started construction … … A series of major deployments have continuously empowered the development of Hengqin New District.

12 years of hard work, witnessing the take-off of wings — —

In 2018, in the first China Hengqin Science and Technology Entrepreneurship Competition, Macau youth He Guotao led the team to develop the "Puqiang AI Car Core Brain" project and won 100 million yuan of research and development expenses for free.

Today, in the Puqiang era of Hengqin Macau Youth Entrepreneurship Valley, the E-round financing has been completed and won the favor of many well-known investment institutions at home and abroad.

With scientific and technological innovation and industrial development as the main theme, Hengqin gives full play to its pivotal role in the construction of the Guangzhou-Zhuhai-Macao Science and Technology Innovation Corridor, and helps Macao’s science and technology resources to extend to the mainland.

At present, Hengqin has accumulated more than 600 innovative and entrepreneurial projects from Macao, and has built a demonstration base in Industry-University-Research with the University of Macau and Macau University of Science and Technology. All four state key laboratories in Macau have set up branches in Hengqin.

The "five horizontal and three vertical" trunk road network has been basically completed, and the underground comprehensive pipe network and information network have been fully put into use; Hengqin Advanced Intelligent Computing Platform, with a total investment of about 2 billion yuan, completed the first phase of construction, with a computing power of 11.6 billion times per second, which can provide computing services for more than 100 Guangdong and Macao technology enterprises, universities and R&D institutions.

More and more young Macao people come to Hengqin to realize their entrepreneurial dreams. The support behind it is Hengqin’s continuous improvement of infrastructure, continuous improvement of scientific research conditions, more convenient customs clearance conditions, and even more enterprising spirit of reform and innovation.

Guangdong-Macao Cooperation Industrial Park, Hengqin Macao Youth Entrepreneurship Valley and Guangdong-Macao Cross-border Financial Cooperation Demonstration Zone … … Brand-new platform carriers are accelerated to build, and the industrial energy level is constantly refreshed. In this promising land, the wonderful chapter from "breaking" to "creating" is interpreted.

The staff of Hengqin Branch of Bank of China displayed the electronic license bank card of the commercial subject (photo taken on November 15, 2018). Xinhua News Agency reporter Deng Hua photo

It took the lead in issuing "electronic license cards for commercial entities" in China, issuing the first temporary arbitration rules, taking the lead in implementing "Hong Kong people’s Hong Kong tax and Macao people’s Macao tax", launching the policy of Macao’s single-brand vehicles entering and leaving Hengqin, and launching a total of 622 reform and innovation measures, 11 of which were replicated and promoted nationwide … … The tide paddles and dances on the waves, playing a moving movement of reform and opening up in this dynamic land.

From a new starting point, we will work hard and be the first, and continue to inject new impetus into the practice of "one country, two systems"

2021 is the first year of the 14th Five-Year Plan, and it is also the first year for Macao to plan and implement the second five-year plan.

Macao, which has been hit hard by the COVID-19 epidemic, has a unitary economic development.The disadvantages are prominent, and it is urgent to further explore the road of moderate and diversified economic development.

When the The Politburo Standing Committee (PSC) meeting was held to consider the overall plan, General Secretary of the Supreme Leader stressed that it is necessary to focus on advantageous areas and sub-sectors of industries, select the main direction of moderate and diversified development of Macao’s economy, improve its attraction to all kinds of talents, and promote the optimization of Greater Bay Area’s economic development pattern. It is necessary to establish and improve the system and mechanism for Guangdong and Macao to jointly develop Hengqin, innovate the management mode, and promote the economic integration and development of Macao and Hengqin.

On December 11, 2020, visitors were at the "2020 Guangdong-Macao Famous Commodities Exhibition". Xinhua News Agency reporter Zhang Jinjia photo

"A new platform to promote the moderate and diversified development of Macao’s economy";

"A new space to facilitate the life and employment of Macao residents";

"Rich ‘ One country, two systems ’ A new demonstration of practice ";

"A new highland to promote the construction of Guangdong-Hong Kong-Macao Greater Bay Area".

The overall plan closely revolves around the main line of promoting Macao’s moderate and diversified economic development, and draws a blueprint for speeding up the construction of Hengqin Guangdong-Macao deep cooperation zone.

On August 18, 2020, the new passenger inspection area at Hengqin Port was opened with the new mode of "cooperative inspection and one-time release". Macao residents have great convenience in entering and leaving Hengqin. On the first anniversary of its opening, more than 6 million passengers and about 900,000 vehicles were released. Among them, the daily customs clearance of Macao single-brand vehicles accounts for more than 50% of the daily customs clearance of entry-exit vehicles at Hengqin Port.

According to the overall plan, the "first line" actively promotes the mode of cooperative inspection and one-time release of customs clearance on the basis of mutual agreement and ensuring safety, and continuously improves the level of customs clearance facilitation. At the same time, it is clear that the construction of special passages between the Hengqin Campus of the University of Macau and the Hengqin Port will be accelerated, and a new type of intelligent port will be explored between the Hengqin Campus of the University of Macau and the cooperation zone, which is highly convenient for teachers and students of the University of Macau to enter and leave the cooperation zone.

In the Hengqin utility tunnel Power Tunnel in Zhuhai, the staff of China Southern Power Grid operated the inspection robot to dynamically inspect the cable tunnel (photo taken on December 12, 2019). Xinhua News Agency reporter Liang Xushe

"After the opening of the new Hengqin Port, it only takes less than half an hour to drive from Macau to Hengqin Company. I look forward to more convenient customs clearance measures. " Cai Yuanbo, the founder of Xianhao Technology and a young Macao entrepreneur in Hengqin, said.

The "first line" of goods is released, the "second line" is managed, and people are highly convenient to enter and leave, and cross-border financial management is innovated & HELIP; … Between Macao and Hengqin, the flow of materials, personnel, capital and other factors is smoother, and the new integrated high-level opening system will inject sustained impetus into the development of the mainland and Macao.

Zeng Wanwen is a "post-80s" Macao youth. After returning from studying in Australia, she founded Chaoyi (Guangdong) Cold Chain Logistics Co., Ltd. in Hengqin. She is very optimistic about the opportunities brought by accelerating the construction of a new development pattern.

"Hengqin is backed by the hinterland of Guangdong-Hong Kong-Macao Greater Bay Area and faces the world. It has excellent advantages in cross-border logistics." She said.

In-depth cooperation between Guangdong and Macao, institutional mechanism is the key. The overall plan is clear. Under the leadership of the Guangdong-Hong Kong-Macao Greater Bay Area Construction Leading Group, Guangdong and Macao jointly set up the Management Committee of the Cooperation Zone to make overall decisions on major planning, major policies, major projects and important personnel appointment and removal within the scope of their functions and powers. The Management Committee of the Cooperation Zone adopts a dual director system, which is jointly held by the Governor of Guangdong Province and the Chief Executive of the Macao Special Administrative Region. The overall plan also makes a series of innovative mechanism arrangements.

Ho Iat Seng, Chief Executive of the Macao Special Administrative Region, said in his policy address for the fiscal year 2021 in the Legislative Council of the SAR that the plan for the deep cooperation zone should be implemented in a down-to-earth manner in accordance with the deployment of the central authorities. With open and innovative thinking, we will create an innovative cooperation zone that combines the advantages of "two systems", is highly connected with international rules, promotes Macao’s moderate economic diversification, and serves the country’s opening up.

This is the photo of Hengqin Port (drone) taken on August 18th, 2020. Xinhua News Agency reporter Deng Hua photo

Ma Xingrui, governor of Guangdong Province, said that in the future, Hengqin will strengthen the connection with Hong Kong and Macao rules and mechanisms. Focusing on promoting the convenient and efficient flow of people, logistics, capital flow and information flow, we have given a series of pioneering and leading policies, made greater progress in the connection, penetration and accommodation of rules and mechanisms, and created a world-class business environment.

Guangdong-Hong Kong-Macao Greater Bay Area, a new highland is accelerating its rise.

By 2035 — —

The strong vitality and superiority of "one country, two systems" have been fully demonstrated, the economic strength and scientific and technological competitiveness of the cooperation zone have been greatly improved, the public service and social security system have been operating efficiently, and the system and mechanism for the integrated development of Qin and Macao have been improved, and the goal of promoting the moderate and diversified development of Macao’s economy has basically been achieved.

When the blueprint is drawn, the prospect can be expected. Under the leadership of the CPC Central Committee with the Supreme Leader as the core, we will speed up the construction of Hengqin Guangdong-Macao deep cooperation zone and continue to write a new miracle of the times.

Reporter: Xu Jinpeng, An Bei, Liu Huan, Li Hanfang, Ye Qian, Wang Haoming.

Video reporter: Huang Guobao

Poster design: Pan Hongyu

New Media Editor: Meng Jie, Li Yu