Concerted efforts to help enhance Macao’s economic competitiveness

The Chief Executive, Mr Chui Sai On, today said the Government – helped by the concerted efforts of Macao’s people – would strive to improve the city’s economic competitiveness and would endeavour to overcome any challenges. In his New Year Message delivered today, Mr Chui stated that participation in the nation’s development strategies would be one of the effective ways for Macao to diversify its economy – and to improve the livelihoods of its people – during the ongoing adjustment period for the gaming industry. In 2016, the Government would step up efforts to create more favourable conditions for living and working, and for transport, travel and entertainment, said Mr Chui. Macao would also use its unique advantages in order further to contribute to policies for national advancement, such as the Silk Road Economic Belt and the 21st Century Maritime Silk Road (collectively known as the “Belt and Road” Initiative). Such a contribution was also a way for the Government to boost Macao’s economic development, Mr Chui stated. Mr Chui noted there was room to improve the effectiveness and efficiency of public administration. He added the Government would continue to implement the principles of “One country, two systems”, “Macao people governing Macao” and Macao’s enjoyment of a high degree of autonomy, in full compliance with the Basic Law. He said the Government would use its best efforts in supporting the organisation of the 5th Ministerial Meeting of the Forum for Economic and Trade Cooperation between China and Portuguese-speaking Countries, an event to be held in Macao next year. The year 2015 was a remarkable period for Macao, Mr Chui said. Important milestones included: the clarification of Macao’s administrative responsibilities arising from the updating – by the State Council – of Macao’s administrative division map; and the initiation of a top-level planning system to manage Macao’s development over a five-year period, with a focus on transforming the city into a world centre of tourism and leisure. He said his cabinet would spare no effort in maintaining respectively the people’s welfare, sound public finances, and the Government’s investment proposals, in the ongoing adjustment period of the gaming industry. Regarding the people’s well-being, the Government is committed to pressing ahead with long-term mechanisms for social security, healthcare, housing, education and talent cultivation, he added. The achievements and development of Macao were attributable to the full support received from the Central Government and the joint efforts of the residents, Mr Chui further stated. On behalf of the Government, he also expressed his sincere gratitude to residents and public servants, in particular those who had to work to provide round the clock services during the holidays.