HONG KONG – Irene Wong King ran a traditional Chinese medicine (TCM) company in Macau for years. Her business remained stable but far from being a success until an industrial park offered a major boost.
After relocating the company to the Guangdong-Macau Traditional Chinese Medicine Science and Technology Industrial Park in Hengqin district of Zhuhai city, the Hong Kong businesswoman significantly expanded sales of TCM products in the mainland’s enormous market and finally pushed the development of her company on the fast track.
Wong’s success story is the epitome of the development of numerous enterprises in Hong Kong and Macau, which have benefited from increasingly closer ties with the mainland and are preparing themselves for even more opportunities from new favorable policies rolled out by the central government.
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