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Macau SAR Government’s Efforts to Promote Moderate Economic Diversification and Long-Term Prosperity

Summary

[Ho Iat Seng: The Macau SAR government is making every effort to promote the moderate diversification of the Macau economy]Macau SAR Chief Executive Ho Iat Seng said yesterday (20th) that the SAR government is making every effort to promote the moderate diversification of the Macau economy and is currently stepping up the preparation of the “Macau SAR Economic Moderate Diversification Development Plan” ( 2024-2028)”, actively implement the “1+4” moderately diversified economic development strategy, strive to build an industrial structure that is in line with Macao’s reality and sustainable development, and inject new impetus into Macao’s long-term prosperity and stability. Ho Iat Seng said that since the beginning of this year, Macao’s overall economic recovery has been improving. Macao ranks first as an outbound tourist destination for mainland residents, and the comprehensive tourism and leisure industry has a good recovery momentum. While optimizing, refining and strengthening the comprehensive tourism and leisure industry, the SAR government focuses on cultivating and developing the four key industries of traditional Chinese medicine and health, modern finance, high-tech, exhibition and trade, and culture and sports.

Macau SAR Chief Executive Ho Iat Seng said yesterday (20th) that the SAR government is fully committed to promoting the moderate diversification of the Macau economy and is currently stepping up the preparation of the “Macau SAR Economic Moderate Diversification Development Plan (2024-2028)” to actively implement the “1+4” The moderately diversified economic development strategy focuses on building an industrial structure that is in line with Macao’s reality and sustainable development, and injects long-term prosperity and stability into Macao.new momentum. Ho Iat Seng said that since the beginning of this year, Macao’s overall economic recovery has been improving. Macao ranks first as an outbound tourist destination for mainland residents, and the comprehensive tourism and leisure industry has a good recovery momentum. While optimizing, refining and strengthening the comprehensive tourism and leisure industry, the SAR government focuses on cultivating and developing the four key industries of traditional Chinese medicine and health, modern finance, high-tech, exhibition and trade, and culture and sports.

(Article source: Voice of the Greater Bay Area)

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2023-09-20 23:26:31

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