Macao is doubling down on economic transformation in 2024, with leaders vowing to accelerate diversification efforts during the Lunar New Year. Chief Executive Ho Iat Seng announced Friday that the Guangdong-Macao Intensive Cooperation Zone in Hengqin will take priority this year, calling it a 'game-changer' for sustainable development .
After bouncing back from pandemic challenges in 2023, the SAR is now eyeing bigger goals. 'We're not just rebuilding—we're reimagining,' Ho said in his New Year message, highlighting plans to boost tech innovation and international partnerships.
The momentum comes as Macao celebrates two milestones: 75 years of the People's Republic of China and the 25th anniversary of Macao's return to China. Zheng Xincong of the Central People's Government Liaison Office emphasized Macao's 'unique role' in bridging cultural exchanges while addressing residents' welfare.
Foreign Affairs Commissioner Liu Xianfa added that Macao will expand global collaboration while staying rooted in Chinese values. With dragon-themed optimism sweeping through the city, 2024 could mark a new chapter for Asia's entertainment hub-turned-innovation hotspot .
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