Core Insights - The Hengqin Free Trade Zone in Guangdong celebrated its 10th anniversary, showcasing significant growth in import and export activities, with a total value of 300.65 billion RMB projected from April 2015 to March 2025, and an expected value of 21.5 billion RMB for 2024 [1] - The integration of the Free Trade Zone and the Guangdong-Macau Deep Cooperation Zone has continuously released policy dividends, enhancing industrial vitality in Hengqin [1] - The implementation of innovative customs measures has facilitated the logistics of food products from Hengqin to Macau, with 3,512 tons of food shipped since the project's inception [1] Trade and Logistics - The logistics center in Hengqin has been pivotal in transferring essential goods to Macau, utilizing a "front store, back warehouse" model to alleviate storage issues in Macau [1] - As of April 22, 2024, 105 enterprises in the Hengqin-Macau Cooperation Zone have obtained tax exemption qualifications, with a significant increase in tax-exempt import and export value reaching 12.3 million RMB, a 10.6-fold growth [2] Transportation and Mobility - The policy changes since December 2016 have allowed Macau-registered vehicles to enter Hengqin, with the number of crossings increasing from approximately 20,000 in 2017 to about 1.58 million in 2024 [2] - By April 22, 2025, the Hengqin Customs had supervised around 918,000 vehicle crossings, with Macau-registered vehicles accounting for approximately 65.8% of this traffic, indicating a closer and more efficient connection between Hengqin and Macau [2]