Mainland, Macao tap cooperation potential in new sectors
3 months, 1 week ago

Mainland, Macao tap cooperation potential in new sectors

China Daily  

Passengers from Macao pose for photos aboard the first train of the Macao Light Rapid Transit system's Hengqin Line on Dec 2. In the past, Macao's enterprises in the service sector faced various barriers, such as high market access thresholds and restrictions on business operation duration, when trying to enter the mainland market, said Liang Haiming, chairman of the Hong Kong-based China Silk Road iValley Research Institute. By tapping into the vast mainland market, Macao's service enterprises can now leverage their unique strengths to cultivate new competitive advantages beyond the traditional pillar industries, Liang added. To catalyze the further growth of Macao's financial sector, the amendments have included steps to expand the business scope of Macao-based banks operating on the mainland, and to promote bond market interconnectivity. For the mainland, the greater access granted to Macao service enterprises will also bring about substantial benefits, said Xu Hongcai, deputy director of the China Association of Policy Science's economic policy committee.

Hong Kong Economic Service Sector Mainland Market Macao  sector  market  macao  mainland  potential  enterprises  service  economic  macaos  growth  sectors  tap  development  cooperation

History of this topic

Macao also a financial hub in GBA
2 weeks, 1 day ago

Macao also a financial hub in GBA

China Daily  

An aerial drone photo taken on July 5, 2024 shows a view of Macao Tower, and Hengqing in Zhuhai city in South China's Guangdong province. Macao is not only a good example of the success of "one country, two systems" but also a key city in the Guangdong-Hong Kong-Macao Greater Bay Area, an important hub of the Belt and Road …

Incentives to benefit young Macao adults
2 months, 3 weeks ago

Incentives to benefit young Macao adults

China Daily  

An aerial drone photo taken on Nov 24, 2024 shows a community in Hengqin, Zhuhai city, South China's Guangdong province. In 2021, the Chinese central authorities decided to build the Guangdong-Macao In-Depth Cooperation Zone in Hengqin, Zhuhai city, making the island an important new growth point for Macao's economy. The latest policy to boost employment for Macao youth in the …

Full text: Chinese President Xi Jinping's speech at welcoming dinner hosted by Macao SAR government on eve of 25th anniversary of Macao's return to motherland
Top News
3 months ago

Full text: Chinese President Xi Jinping's speech at welcoming dinner hosted by Macao SAR government on eve of 25th anniversary of Macao's return to motherland

China Daily  

MACAO -- Chinese President Xi Jinping on Thursday delivered a speech at a welcoming dinner hosted by the government of the Macao Special Administrative Region on the eve of the 25th anniversary of Macao's return to the motherland. Speech at the Welcoming Dinner Hosted by the Government of The Macao Special Administrative Region December 19, 2024 Xi Jinping Chief Executive …

Hengqin, Macao honing model of collaborative development
3 months ago

Hengqin, Macao honing model of collaborative development

China Daily  

New university campus exemplifies spirit of cooperation A view of the Guangdong-Macao In-Depth Cooperation Zone in Hengqin. Speaking at the Dec 9 groundbreaking ceremony, Ho Iat-seng, chief executive of the Macao Special Administrative Region, said the new campus "signifies a new milestone in the collaborative development and deep cooperation between Macao and Hengqin, and will further promote Macao's faster integration …

Macao's casino boom brings wealth but at a cost, 25 years since China's takeover
3 months, 1 week ago

Macao's casino boom brings wealth but at a cost, 25 years since China's takeover

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. “Leaving must come at a heavy price,” he said, …

Mainland, Macao tap cooperation potential in new sectors
3 months, 1 week ago

Mainland, Macao tap cooperation potential in new sectors

China Daily  

Passengers from Macao pose for photos aboard the first train of the Macao Light Rapid Transit system's Hengqin Line on Dec 2. In the past, Macao's enterprises in the service sector faced various barriers, such as high market access thresholds and restrictions on business operation duration, when trying to enter the mainland market, said Liang Haiming, chairman of the Hong …

Hengqin zone spurs growth, attracts talent
3 months, 1 week ago

Hengqin zone spurs growth, attracts talent

China Daily  

Young people from Macao work at a business hub in Hengqin. CHEN JIMIN/CHINA NEWS SERVICE With business-friendly environment and improved living conditions equivalent to neighboring Macao Special Administrative Region, the cooperation zone on Hengqin Island of Zhuhai, Guangdong province, is becoming a popular choice for Macao residents to live and work in. As the mainland's first residential development for Macao …

Deepening ties between Shandong, Macao
3 months, 1 week ago

Deepening ties between Shandong, Macao

China Daily  

The 29th Macao International Trade and Investment Fair took place in Macao in October. In 2023, Shandong exported agricultural products worth 71.95 million yuan to Macao. Shandong and Macao have also been working together in a wide range of fields, including traditional Chinese medicine, tourism, and finance. In 2023, trade between Shandong and Macao reached 500 million yuan, marking an …

Envisaging continued prosperity
3 months, 1 week ago

Envisaging continued prosperity

China Daily  

Zhu Haisheng, Secretary-general of the Macau Economic and Livelihood Alliance. Duarte Alves: Macao's unique blend of Chinese and Portuguese cultures is a powerful asset for enhancing communication with the international community and telling China's stories in a relatable and compelling way. This dual legal system allows for a unique blend of Chinese and Western legal traditions, ensuring that Macao's legal …

Envisaging continued prosperity
3 months, 1 week ago

Envisaging continued prosperity

China Daily  

Zhu Haisheng, Secretary-general of the Macau Economic and Livelihood Alliance. Duarte Alves: Macao's unique blend of Chinese and Portuguese cultures is a powerful asset for enhancing communication with the international community and telling China's stories in a relatable and compelling way. This dual legal system allows for a unique blend of Chinese and Western legal traditions, ensuring that Macao's legal …

Envisaging continued prosperity
Trending News
3 months, 1 week ago

Envisaging continued prosperity

China Daily  

Francisco Leandro, Associate professor on the faculty of social science at the University of Macau. Wu Zhiliang: As Macao's integration into national development deepens, there will be more, newer and better changes, and the ability of Macao residents to live a better life will become closer to reality. Wu Zhiliang: Macao's cultural sector is setting foot in the zone, seeing …

Envisaging continued prosperity
Trending News
3 months, 1 week ago

Envisaging continued prosperity

China Daily  

Francisco Leandro, Associate professor on the faculty of social science at the University of Macau. Wu Zhiliang: As Macao's integration into national development deepens, there will be more, newer and better changes, and the ability of Macao residents to live a better life will become closer to reality. Wu Zhiliang: Macao's cultural sector is setting foot in the zone, seeing …

Decoding a 25-year economic, social miracle
Trending News
3 months, 1 week ago

Decoding a 25-year economic, social miracle

China Daily  

Tourists visit the Ruins of St. Paul's in Macao on Dec 17. By incorporating Macao-standard facilities and services, the project creates a seamless transition for Macao residents moving to Hengqin, said Duarte Alves, president of the general assembly of the Macanese Youth Association. "The project, paired with Hengqin's unique tax incentives and simplified procedures for cross-border business, will attract both …

Envisaging continued prosperity
3 months, 1 week ago

Envisaging continued prosperity

China Daily  

Wu Zhiliang, President of the Board of Directors of the Macao Foundation. Wu Zhiliang: Over the past 25 years, there has been significant progress in Macao's development. The improved economic prospects have also made the Macao SAR government more capable of improving people's livelihoods and, as a result, improving their quality of life. Ji Xianzheng: Over the past 25 years, …

Decoding a 25-year economic, social miracle
Trending News
3 months, 1 week ago

Decoding a 25-year economic, social miracle

China Daily  

Tourists visit the Ruins of St. Paul's in Macao on Dec 17. By incorporating Macao-standard facilities and services, the project creates a seamless transition for Macao residents moving to Hengqin, said Duarte Alves, president of the general assembly of the Macanese Youth Association. "The project, paired with Hengqin's unique tax incentives and simplified procedures for cross-border business, will attract both …

Decoding a 25-year economic, social miracle
Top News
3 months, 1 week ago

Decoding a 25-year economic, social miracle

China Daily  

An aerial view of the Macao SAR showing the modern skyline in July. The Macao Special Administrative Region, spanning a land area of 33.3 square kilometers, slightly smaller than Beijing Capital International Airport, proudly sits near the top global rankings for per capita gross domestic product, life expectancy of its residents, and the extent of its social welfare system. These …

Decoding a 25-year economic, social miracle
Top News
3 months, 1 week ago

Decoding a 25-year economic, social miracle

China Daily  

An aerial view of the Macao SAR showing the modern skyline in July. The Macao Special Administrative Region, spanning a land area of 33.3 square kilometers, slightly smaller than Beijing Capital International Airport, proudly sits near the top global rankings for per capita gross domestic product, life expectancy of its residents, and the extent of its social welfare system. These …

Decoding a 25-year economic, social miracle
Top News
3 months, 1 week ago

Decoding a 25-year economic, social miracle

China Daily  

An aerial view of the Macao SAR showing the modern skyline in July. The Macao Special Administrative Region, spanning a land area of 33.3 square kilometers, slightly smaller than Beijing Capital International Airport, proudly sits near the top global rankings for per capita gross domestic product, life expectancy of its residents, and the extent of its social welfare system. These …

Decoding a 25-year economic, social miracle
Top News
3 months, 1 week ago

Decoding a 25-year economic, social miracle

China Daily  

An aerial view of the Macao SAR showing the modern skyline in July. The Macao Special Administrative Region, spanning a land area of 33.3 square kilometers, slightly smaller than Beijing Capital International Airport, proudly sits near the top global rankings for per capita gross domestic product, life expectancy of its residents, and the extent of its social welfare system. These …

Decoding a 25-year economic, social miracle
Top News
3 months, 1 week ago

Decoding a 25-year economic, social miracle

China Daily  

An aerial view of the Macao SAR showing the modern skyline in July. The Macao Special Administrative Region, spanning a land area of 33.3 square kilometers, slightly smaller than Beijing Capital International Airport, proudly sits near the top global rankings for per capita gross domestic product, life expectancy of its residents, and the extent of its social welfare system. These …

Decoding a 25-year economic, social miracle
3 months, 1 week ago

Decoding a 25-year economic, social miracle

China Daily  

An aerial view of the Macao SAR showing the modern skyline in July. The Macao Special Administrative Region, spanning a land area of 33.3 square kilometers, slightly smaller than Beijing Capital International Airport, proudly sits near the top global rankings for per capita gross domestic product, life expectancy of its residents, and the extent of its social welfare system. These …

Decoding a 25-year economic, social miracle
3 months, 1 week ago

Decoding a 25-year economic, social miracle

China Daily  

An aerial view of the Macao SAR showing the modern skyline in July. The Macao Special Administrative Region, spanning a land area of 33.3 square kilometers, slightly smaller than Beijing Capital International Airport, proudly sits near the top global rankings for per capita gross domestic product, life expectancy of its residents, and the extent of its social welfare system. These …

Decoding a 25-year economic, social miracle
3 months, 1 week ago

Decoding a 25-year economic, social miracle

China Daily  

Tourists visit the Ruins of St. Paul's in Macao on Dec 17. By incorporating Macao-standard facilities and services, the project creates a seamless transition for Macao residents moving to Hengqin, said Duarte Alves, president of the general assembly of the Macanese Youth Association. "The project, paired with Hengqin's unique tax incentives and simplified procedures for cross-border business, will attract both …

Macao bridges China, Portuguese-speaking countries
3 months, 1 week ago

Macao bridges China, Portuguese-speaking countries

China Daily  

The flags of China and its Macao Special Administrative Region flutter above a bustling street in the city on Saturday, ahead of the 25th anniversary of Macao's return to the motherland, which falls on Dec 20. HUANG TAIMING/FOR CHINA DAILY Ahead of the 25th anniversary of Macao's return to the motherland, which falls on Friday, national and regional flags fluttered …

Macao: magnetic Chinese hub with multiple charms
3 months, 1 week ago

Macao: magnetic Chinese hub with multiple charms

China Daily  

Tourists visit the historic center of Macao in Macao, Dec 12, 2024. MACAO -- Fang Fan, a resident of Guangzhou, had a clear goal for her recent trip to Macao: to enjoy a front-row seat at a performance by US musical icon Herbie Hancock. For showgoers like Fang, Macao -- just a two-hour drive south of Guangzhou -- has emerged …

Macao: magnetic Chinese hub with multiple charms
3 months, 1 week ago

Macao: magnetic Chinese hub with multiple charms

China Daily  

Tourists visit the historic center of Macao in Macao, Dec 12, 2024. MACAO -- Fang Fan, a resident of Guangzhou, had a clear goal for her recent trip to Macao: to enjoy a front-row seat at a performance by US musical icon Herbie Hancock. For showgoers like Fang, Macao -- just a two-hour drive south of Guangzhou -- has emerged …

Macao bridges China, Portuguese-speaking countries
3 months, 1 week ago

Macao bridges China, Portuguese-speaking countries

China Daily  

The flags of China and its Macao Special Administrative Region flutter above a bustling street in the city on Saturday, ahead of the 25th anniversary of Macao's return to the motherland, which falls on Dec 20. HUANG TAIMING/FOR CHINA DAILY Ahead of the 25th anniversary of Macao's return to the motherland, which falls on Friday, national and regional flags fluttered …

Macao has deepened economic, trade exchange with mainland since return to motherland
3 months, 1 week ago

Macao has deepened economic, trade exchange with mainland since return to motherland

China Daily  

BEIJING -- Macao's economic and trade exchange and cooperation with the mainland have been deepened, improved and expanded since the region's return to the motherland 25 years ago, China's Ministry of Commerce said on Thursday. The trade volume between the mainland and Macao totaled $3.84 billion in 2023, a 4.3-fold increase over volumes recorded before its return to the motherland, …

Macao to help boost nation's modernization
3 months, 2 weeks ago

Macao to help boost nation's modernization

China Daily  

By Zhang Yi and Wang Jing in Macao | China Daily | Updated: 2024-12-12 07:23 Sam Hou-fai Macao will further advance the practice of "one country, two systems" to achieve greater success in the special administrative region and contribute to the nation's modernization drive, said Sam Hou-fai, Macao's incoming chief executive. "It's an important position, and the chief executive has …

Macao residents benefit from customs arrangement
3 months, 2 weeks ago

Macao residents benefit from customs arrangement

China Daily  

A passenger goes through customs clearance process after a new customs operation became effective in the Guangdong-Macao In-depth Cooperation Zone at Hengqin port, South China's Guangdong province, March 1, 2024. "The implementation of the customs arrangement has facilitated a more efficient flow of various elements, providing greater convenience for Macao residents in their daily lives and employment, thereby injecting vitality …

Macao International Airport signs deal to boost regional aviation hub
3 months, 2 weeks ago

Macao International Airport signs deal to boost regional aviation hub

China Daily  

A memorandum on construction and operation guarantee for Macao International Airport's upstream cargo terminal project in Hengqin of Zhuhai, Guangdong province, was signed on Monday. A memorandum on construction and operation guarantees for Macao International Airport's upstream cargo terminal project in Hengqin of Zhuhai, Guangdong province, was signed on Monday to boost the airport's regional aviation hub competitiveness. "Upon completion, …

Macao bolsters role as bridge, trade hub
3 months, 3 weeks ago

Macao bolsters role as bridge, trade hub

China Daily  

Tourists visit the Ruins of St. Paul's in South China's Macao, Nov 26, 2024. At an exhibition center in Macao specializing in products from Portuguese-speaking countries, around 3,000 items, primarily food products with vibrant and exotic packaging from nine such countries, are elegantly displayed, awaiting Chinese buyers. Jose Chan Rodrigues, a host and livestreaming blogger from Macao, whose grandfather is …

Macao govt urged to propel Chinese modernization
6 months, 3 weeks ago

Macao govt urged to propel Chinese modernization

China Daily  

Tourists check out the Macao Special Administrative Region's famous tourist spot, the Ruins of Saint Paul's, in May. ZHANG JINJIA/XINHUA Senior officials and social leaders in Macao have highlighted the city's gateway role in the nation's ongoing reform, urging the government to follow the guidance of the nation's new economic policies and reforms. The two central government officials encouraged Macao …

Macao bridges China, Portuguese-speaking nations
9 months, 3 weeks ago

Macao bridges China, Portuguese-speaking nations

China Daily  

This aerial photo taken on Dec 15 shows the Hong Kong-Zhuhai-Macao Bridge in South China. When the central government assigned the Macao Special Administrative Region to play the role of a Sino-Lusophone platform following the establishment of the Forum for Economic and Trade Cooperation between China and the Portuguese-Speaking Countries in 2003, it added a whole new dimension to the …

Shandong, Hong Kong, Macao expand multifaceted cooperation
9 months, 3 weeks ago

Shandong, Hong Kong, Macao expand multifaceted cooperation

China Daily  

Fully leveraging their respective resources, industrial foundations and geographical advantages, Shandong, Hong Kong and Macao are further expanding cooperation and exchanges in multiple fields, including projects, talent, industry and trade. As of the end of the first quarter of this year, 68 Shandong enterprises had been listed on the Hong Kong Stock Exchange, accounting for 54 percent of the province's …

Macao, Guangxi sign agreements for comprehensive cooperation
9 months, 3 weeks ago

Macao, Guangxi sign agreements for comprehensive cooperation

China Daily  

MACAO, May 24 -- Government departments and universities of south China's Macao Special Administrative Region and Guangxi Zhuang Autonomous Region on Friday signed seven cooperation deals covering economy, trade, culture, tourism, environmental protection, and traditional Chinese medicine. Addressing the event, Macao's Chief Executive Ho Iat Seng said that Macao actively cooperates with Guangxi in comprehensively integrating into the construction of …

Change in Hengqin zone to assist Macao integration
1 year, 1 month ago

Change in Hengqin zone to assist Macao integration

China Daily  

The Guangdong-Macao In-Depth Cooperation Zone in Hengqin, Guangdong province, is set to start closed-loop operation on March 1, marking a significant stride in advancing integrated development with the neighboring Macao Special Administrative Region. The executive committee of the cooperation zone said the move is in alignment with the Overall Plan for the Development of the Guangdong-Macao In-Depth Cooperation Zone, designating …

Shandong, Macao boost economic and trade cooperation
1 year, 5 months ago

Shandong, Macao boost economic and trade cooperation

China Daily  

East China's Shandong province and Macao had an economic and trade exchange meeting during the 28th Macao International Trade and Investment Fair, which opened on Oct 19 in Macao. The meeting was aimed at exploring international trade avenues for Shandong's agricultural products and cutting-edge agricultural technologies and new developmental opportunities. "Shandong has abundant agricultural and marine resources, presenting tremendous development …

Macao acts as bridge for Portuguese exchanges
2 years, 4 months ago

Macao acts as bridge for Portuguese exchanges

China Daily  

As a bridge linking China and Portuguese-speaking countries, or PSCs, the Macao Special Administrative Region has remained committed to promoting cultural exchanges between the two sides. Leong Wai Man, head of the Cultural Affairs Bureau of the Macao SAR government, says the festival is aimed at further playing Macao's role of a bridge linking China and PSCs and building the …

Macao acts as bridge for Portuguese exchanges
2 years, 4 months ago

Macao acts as bridge for Portuguese exchanges

China Daily  

As a bridge linking China and Portuguese-speaking countries, or PSCs, the Macao Special Administrative Region has remained committed to promoting cultural exchanges between the two sides. Leong Wai Man, head of the Cultural Affairs Bureau of the Macao SAR government, says the festival is aimed at further playing Macao's role of a bridge linking China and PSCs and building the …

Dynamic Macao business and trade fair opens in Qingdao
4 years, 4 months ago

Dynamic Macao business and trade fair opens in Qingdao

China Daily  

The Dynamic Macao Business and Trade Fair opened on Nov 13 in the eastern coastal city of Qingdao, Shandong province. The three-day event is being held at the Qingdao International Convention and Exhibition Center, where six special exhibition areas have been set up to promote the gourmet food, traditional crafts, innovative products, fashionable items, and unique culture of Macao and …

Shandong, Macao strengthen ties
5 years, 3 months ago

Shandong, Macao strengthen ties

China Daily  

Dec 20 marks the 20th anniversary of Macao's return to the motherland, and Shandong, an economic powerhouse in East China, has become an important economic and trade partner of the city. What I want to do most is teach the people of Hong Kong, Macao, and Taiwan more about Shandong and support their development in the province," said a senior …

What role can Macao play in the Greater Bay Area?
5 years, 3 months ago

What role can Macao play in the Greater Bay Area?

China Daily  

A light show is staged at the Ruins of St. Paul's Cathedral in Macao. Macao also represents an important part of a project called the Greater Bay Area that the Chinese government unveiled back in 2011, aiming to develop the region into a role model of high-quality development directly competing with similar innovative hubs in San Francisco, New York City …

What role can Macao play in the Greater Bay Area?
5 years, 3 months ago

What role can Macao play in the Greater Bay Area?

China Daily  

A light show is staged at the Ruins of St. Paul's Cathedral in Macao. Macao also represents an important part of a project called the Greater Bay Area that the Chinese government unveiled back in 2011, aiming to develop the region into a role model of high-quality development directly competing with similar innovative hubs in San Francisco, New York City …

Mainland-Macao cultural, tourism exchanges continue to deepen: vice minister
5 years, 3 months ago

Mainland-Macao cultural, tourism exchanges continue to deepen: vice minister

China Daily  

The mainland and Macao have seen constant progress in exchanges and cooperation in the fields of culture and tourism since Macao's return to China in December 1999, said Vice Minister of Culture and Tourism Zhang Xu in an interview with Xinhua. The mainland and Macao have enjoyed comprehensive and deep cooperation in areas including hosting major events, promoting and branding …

Macao to hold int'l travel industry expo
5 years, 11 months ago

Macao to hold int'l travel industry expo

China Daily  

The seventh Macao International Travel Expo will open in Macao on April 26 with further expanded scale, the special administrative region 's tourism office said here Tuesday. Macao Government Tourism Office Director Maria Helena de Senna Fernandes told the press that the Outline Development Plan for the Guangdong-Hong Kong-Macao Greater Bay Area supports Macao to develop a series of global …

Macao to hold int'l travel industry expo
5 years, 11 months ago

Macao to hold int'l travel industry expo

China Daily  

The seventh Macao International Travel Expo will open in Macao on April 26 with further expanded scale, the special administrative region 's tourism office said here Tuesday. Macao Government Tourism Office Director Maria Helena de Senna Fernandes told the press that the Outline Development Plan for the Guangdong-Hong Kong-Macao Greater Bay Area supports Macao to develop a series of global …

Central government to provide further support to HK, Macao, Bay Area
6 years ago

Central government to provide further support to HK, Macao, Bay Area

China Daily  

The Hong Kong-Zhuhai-Macao Bridge. In the Government Work Report Premier Li Keqiang delivered at the NPC session on Tuesday, the central government expressed firm support of the Hong Kong and Macao SARs in seizing the major opportunities by the Belt and Road Initiative and the Guangdong-Hong Kong-Macao Greater Bay Area development strategy. The central government has every confidence that Hong …

Macao holds Asia Pacific travel fair
7 years, 6 months ago

Macao holds Asia Pacific travel fair

China Daily  

A tourism trade fair of Asia Pacific region opened on Thursday in China's Macao Special Administrative Region, attracting more than 1,130 delegates from 66 destinations. Organized by Pacific Asia Travel Association and hosted by Macao Government Tourism Office, PATA Travel Mart is Asia Pacific's premier travel trade show. At the opening ceremony, Secretary for Social Affairs and Culture of the …

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