This week marks the 25th anniversary of Macao’s return to China, and the ‘Pearl of the South China Sea’ is shining brighter than ever! 🌟 From economic leaps to cultural milestones, here’s how this vibrant region is thriving under the ‘One Country, Two Systems’ framework.
🚀 Economic Powerhouse
Macao’s GDP skyrocketed from 51.9 billion MOP in 1999 to 204 billion MOP in 2024! 💸 Diversifying beyond its famed casinos, the region now boasts booming finance, tech, and traditional Chinese medicine sectors. With 101 licensed financial institutions and a per capita GDP ranking #2 globally, Macao’s economy is a lesson in reinvention.
🏡 Society & Stability
President Xi Jinping praised Macao’s ‘people-first’ policies, with unemployment at a jaw-dropping 1.7% and free healthcare for seniors. 🏥 Over 95% of youth access higher education—a massive leap from just one university in 1999!
🎭 Cultural Melting Pot
Named a 2025 East Asian Culture City, Macao blends heritage with global flair. Its UNESCO-listed Historic Center and dazzling arts festivals prove ‘harmony in diversity’ isn’t just a slogan—it’s everyday life. 🎶
🌉 Building the Future
The Hong Kong-Zhuhai-Macao Bridge isn’t just an engineering marvel—it’s a symbol of connectivity. As Macao gears up for its role in the Greater Bay Area, one thing’s clear: This SAR’s story is just getting started. 🚀
Reference(s):
cgtn.com