Watch This | Celebrating 25th anniversary of Macao's return to motherland: So much more than gaming paradise
As the bell rings for the 25th anniversary of Macao's return to the motherland, we can't help but wonder: Is Macao still the gambling paradise etched in our memories? The answer is a resounding yes—but it is so much more than that. Today, Macao, which had been under centuries of Portuguese rule, is showcasing its diversified charm to the world with a brand-new identity.
Over the past 25 years, Macao has thrived with the strong backing of the motherland, achieving significant economic growth. Last year, non-gaming industries accounted for over 60% of Macao's GDP, signaling its transition from a gaming-centric economy. Under the "one country, two systems" principle, Macao enjoys a high degree of autonomy, while robust support from the central government has further fueled its development.
Macau is a wondrous meeting point of Eastern and Western cultures. Here, ancient Portuguese architecture stands alongside modern skyscrapers, creating a harmonious blend of tradition and modernity. Macao's success has been widely recognized internationally, making it a model of the "one country, two systems" principle.
Economic cooperation between Guangdong and Macao has grown significantly, with trade volume increasing both in size and quality. Over the past 25 years, Guangdong's total imports and exports to Macao exceeded RMB 307.2 billion, achieving an average annual growth of 5.9%. The trade structure has also improved, with general trade accounting for a larger share, reflecting the growing market potential between the two regions.
The transformation of Macao is not only reflected in statistics but also in the everyday lives of its people. From Fu Tenglong, the director of the Digital Industry Research Institute, to Dai Xianyang, vice president of the Macanese Youth Association, their personal stories embody the changes Macao has undergone over the past quarter-century. The people of Macao are no longer mere "bystanders waiting for opportunities" but have become active "builders," striving and thriving across various fields.
Macao is emerging as a new focal point of international attention. Recently, the city signed a multi-million-dollar agreement with the NBA to host official games. This partnership is not just a sports milestone; it also highlights Macao's growing international presence.
For Macanese like Rita Santos, Macao is their rooted home. As the former Forum Macao Deputy Secretary-General, she has witnessed the transformative changes in Macao's economy, society, and culture under strong national support. Her story vividly reflects the deep bond between Macao and the motherland.
Once synonymous with its gambling industry, Macao is now presenting a new image of diversification to the world. Over the 25 years since its return, Macao has not only achieved immense economic success but has also showcased its unique cultural and social appeal. As we look to the future, there is every reason to believe Macao's tomorrow will be even brighter!
Related News:
Comment