China's Macao Special Administrative Region (SAR) is poised to speed up "appropriate diversification" of the local economy by boosting non-gaming industries while stabilizing the development of the gaming industry, said Chui Sai On, chief executive of Macao SAR, here on Monday.
China will strengthen supervision of assets that corrupt officials transfer abroad illegally through gambling houses in Macao, the Ministry of Public Security said on Tuesday.
Chinese President Xi Jinping arrived in Macao on Friday noon for celebrations marking the 15th anniversary of Macao's return to the motherland.
Portugal'a last governor to Macao Vasco Rocha Vieira has said recently Macao has a great opportunity to play its role as a gateway between China and other regions in the world.
After more than a decade of fast growth, casino revenue in global gambling hub Macao fell for the sixth straight month, with October posting the worst drop at 23.2 percent.
A central government decision on the extension of service hours in Macao's three border ports, which came into effect Thursday, is expected to greatly facilitate exchanges and cooperation between Macao and the mainland.
Chinese President Xi Jinping is scheduled to attend a gathering in the Macao Special Administrative Region (SAR) on Dec. 19-20 for the 15th anniversary of Macao's return to the motherland, authorities said on Sunday.
Macao Chief Executive Chui Sai On has pledged to give priority to comprehensively implementing the "One country, Two systems" policy and the Basic Law, which he said would be the top principle for his governance of Macao in the next five years.
Chinese Vice President Li Yuanchao on Sunday called on experts to deepen research on fresh issues related to Hong Kong and Macao and promote the principle of "one country, two systems."
The preliminary estimate of China's Macao Special Administrative Region's foreign exchange reserves reached to 130.2 billion patacas (16.31 billion U.S. dollars) at the end of August 2014, according to the figures released on Monday by the Monetary Authority of Macao.
Chui Sai On was elected the fouth- term chief executive-designate of China's Macao Special Administrative Region (SAR) here on Sunday, waiting for the approval by China's central government.
Injuries of the jet cruiser crash rose to 70 on Friday in Macao, according to statistics released by the region's health authorities.
A senior official said Wednesday that the Chinese government will continue to support economic growth in Hong Kong and Macao.
China's top legislator Zhang Dejiang on Tuesday called for stability, development and harmony in Hong Kong and Macao.
David Beckham announced a partnership with global integrated resort developer Las Vegas Sands (LVS) Friday in Macao, to join forces with LVS's integrated resort properties in Macao and Singapore.
The Chinese central government and the government of the Macao Special Administrative Region signed a supplement to an economic agreement on Friday to further enhance trade exchanges between Macao and the Chinese mainland.
Chinese leader Xi Jinping on Thursday stressed that the central authorities' policies on Hong Kong and Macao will not change after the transition of power.
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