Macao CE: Tapping unique advantages to promote diversified development
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"The non-gaming industries accounted for over 60 percent of Macao's GDP last year, meaning that we're shifting away from gaming-dominant economy," said Ho Iat-seng, chief executive of the Macao Special Administrative Region. Ho said the "one country, two systems" principle gives Macao "a high degree of autonomy" to govern itself. And Macao has continued to promote development with strong support from the central government.
Guided by the "1+4" industry diversification strategy, Macao is leveraging its unique blend of Eastern and Western cultures, promoting performing arts, and charting a sustainable development path.
Read more: Macao diversifies its industrial structure