Wed Sep 18 03:41:01 UTC 2024: ## Bank of China Supports Hengqin Start-Ups and SMEs in Diversifying Macau’s Economy
**Zhuhai, China** – The Bank of China (BOC) has been actively supporting start-ups and small and medium enterprises (SMEs) in Hengqin, a key part of China’s efforts to diversify Macau’s economy, according to a senior executive.
This initiative aims to foster growth and innovation in the region, helping to strengthen the economic landscape of both Hengqin and Macau. The BOC’s support includes providing financial assistance, specialized services, and expertise to help these businesses thrive.
The move aligns with China’s broader strategy to promote diversified economic development in Macau, moving beyond its traditional reliance on gaming and tourism. By nurturing start-ups and SMEs, the country hopes to create new industries and job opportunities, contributing to a more resilient and sustainable economic future for Macau.
First Piper 