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China Offers Tax Breaks to Boost Macau-Guangdong Integration

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China plans to push forward cooperation between Macau and Guangdong over Hengqin Island, aiming for a “big increase” in Macau residents living and working in the zone by 2024, according to guidelines carried by the official Xinhua News Agency. 

The enterprise income tax rate will be 15% for companies in the Hengqin zone, compared with the normal 20-25% in China.