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25 years on, Macao prospers amid deeper integration into national development

2024-12-16 18:29   Xinhua

  “During the past 25 years, Macao has made remarkable strides under the 'one country, two systems' framework,“ said Ho Iat Seng, chief executive of the Macao Special Administrative Region (SAR), noting that the proportion of key industries contributing to economic diversification has steadily increased -- making the economy more resilient and diversified.

  Notably, Macao's tourism sector has played a considerable role in its economic transformation. With its rich blend of Chinese and Western cultures, a diverse culinary scene, and unique architectural styles, tourism has become a vital part of Macao's economic diversification. The SAR government has been working to showcase Macao's appeal, attracting tourists from around the world to experience the city's significant cultural heritage.

  In 1999, Macao received only 7 million visitors. By Dec. 7, 2024, the annual visitor number had surged to 32.5 million. Macao is now one of the cities with the highest concentration of UNESCO World Heritage Sites globally and is working to establish itself as a world tourism and leisure center. According to a survey by China Tourism Academy, Macao was ranked as the most satisfactory outbound destination for mainland tourists in the first quarter of 2024.

  The city has also witnessed a boom in its entertainment industry over the years, with many performance events being held including large-scale concerts.

  “Whether in terms of cultural events or infrastructure, Macao is an ideal venue for shows,“ said Macao tenor Liu Naiqi. “Now, many mainland and overseas tourists come to Macao specifically to attend concerts.“

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