The Macao Special Administrative Region (SAR) has experienced years of fast development after its return to the motherland, Italian experts say.
After more than a decade of fast growth, casino revenue in global gambling hub Macao fell for the sixth straight month, with October posting the worst drop at 23.2 percent.
Portugal'a last governor to Macao Vasco Rocha Vieira has said recently Macao has a great opportunity to play its role as a gateway between China and other regions in the world.
The International Monetary Fund (IMF) recently completed its first Article IV Consultation with the Macao SAR since the territory was handed back to China in 1999. The consultation is a health check by the IMF, during which a team of IMF economists visits each of its members countries to assess economic and financial developments and discuss macroeconomic policies with government and central bank officials, as well as business representatives and ordinary people.
Macao is a very small territory with a population of 560,000 living on 31.3 square kilometers of land. But, it is seen by many Hongkongers as a wonderful place which they like to visit.
Macao Chief Executive Chui Sai-on has pledged to give priority to comprehensively implementing the "One country, Two systems" policy and the Basic Law, which he said would be the top principle for his governance of Macao in the next five years.
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263 Registration Number: 130349 
