Meet Hui Ho-Kit, a fresh grad from California who's returned to his hometown in China's Macao Special Administrative Region (SAR) with big dreams and even bigger robots 🤖! Hui's mission? To bring cutting-edge robotics from the Chinese mainland to Macao, tapping into the buzzing tech scene of the Guangdong-Hong Kong-Macao Greater Bay Area (GBA).
\"The entrepreneurial vibe here is lit! 🔥 Each city brings its own game – Macao connects to Portugal, Hong Kong is all about that finance life, and Shenzhen is the boss of smart manufacturing. Teaming up makes everything so close and convenient,\" Hui shares.
Hui's journey mirrors a major shift in Macao – it's leveling up from a gaming hotspot to a tech innovation powerhouse. 🎮➡️💡
Since rejoining China in 1999, Macao hasn't just shuffled the deck; it's changed the whole game. Known for its glitzy casinos and bustling tourism, the city is now diversifying like never before. The GBA is the ultimate squad, helping Macao dive into sectors like technology, finance, and culture. Now, Macao isn't just a tourist magnet; it's becoming an innovation destination! 🌟
Last November, the Macao SAR government dropped a game-changing plan for economic diversification from 2024 to 2028. They're amping up industries like tourism and leisure, traditional Chinese medicine, modern finance, high-tech, conventions, and culture. It's all about that glow-up! ✨
Tech is trending hard in Macao. Revenues from collaborations between industries and universities are skyrocketing, hitting about 475 million patacas (around $59.2 million) last year! 💰 And check this out – over 340 patents were snagged between 2019 and September 2024. Macao even launched its first space science satellite last May, shooting for the stars! 🚀🌌
But it's not all tech – Macao's also turning up the volume on epic events like the International Fireworks Display Contest 🎆, the International Music Festival 🎶, and the Grand Prix 🏎️. These events are drawing in millions of tourists and adding fresh beats to Macao's economic playlist.
Infrastructure is getting a makeover too. The Guangdong-Macao Deep Cooperation Zone in Hengqin is connecting Macao and Zhuhai like never before. From January to October, over 90 million crossings happened at Gongbei Port – that's over 300,000 people a day! 🚶♀️🚶♂️ This steady flow is boosting trade, tourism, and cross-border collabs.
Urban planning is all about smart moves now, focusing on efficient land use and sustainability. About 30% of Macao's new land development is happening in the Cooperation Zone, making space for cross-border teamwork and greener growth. 🌱🌏
With all these power-ups, Macao is leveling up its game, ensuring it grows in a balanced and sustainable way. From casinos to code, Macao's transformation is one to watch! 👀✨
Reference(s):
Tide rising: A new height in Macao's economic diversification
cgtn.com
