Fireworks lit up the sky as Macao marked its 25th anniversary since returning to China, with President Xi Jinping declaring the ‘One Country, Two Systems’ framework a ‘tremendous success’ . The ceremony also welcomed the region’s new government, signaling fresh momentum for Asia’s glittering hub of culture and commerce.
From Humble Fishing Town to Global Star 
Since 1999, Macao’s GDP has skyrocketed 7x to \$47.4 billion, while residents now enjoy a \$70,000 per capita income – ranking it #1 in Asia for wealth by Forbes. With near-full employment and an 83-year life expectancy (up from 78 in 1999!), this ‘Las Vegas of the East’ is winning at life.
Tourism on Fire 
Visitors soared from 6.6 million in 1999 to 33 million expected this year – a 26% jump from 2023! The iconic Hong Kong-Zhuhai-Macao Bridge and partnerships in the Greater Bay Area are fueling this boom, making it a must-visit for globetrotters .
Next-Level Global Ties 
Macao’s signed 60+ international agreements and partners with 190+ organizations. Its Belt and Road trade surged 47.8% last year, while joint ventures with Hengqin are attracting global investors from Singapore to Spain .
President Xi urged Macao to ‘diversify its economy’ and ‘build higher-level openness,’ hinting at even brighter days ahead. With 147 visa-free destinations and 13 sister cities, this SAR is proving that unity + autonomy = unstoppable energy .
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Macao SAR embarks on new chapter of 'One Country, Two Systems'
cgtn.com