Macao's Incoming Chief Speaks Out: Economic Diversification Is a 'Must' 🏙️
\"Economic diversification is not a topic for research, but rather a clear question that must be answered.\"
These are the bold words of Sam Hou Fai, the incoming chief executive of China's Macao Special Administrative Region (SAR), during an exclusive interview with CMG. He emphasized that for Macao to thrive, the SAR government needs to take decisive action.
\"Firstly, the SAR government should take the lead,\" Sam Hou Fai stated. \"Secondly, we must be proactive. And thirdly, we should integrate Macao into the development of the Guangdong-Hong Kong-Macao Greater Bay Area.\"
By leveraging its unique advantages, Macao aims to promote regional economic development together with its neighboring regions. The Greater Bay Area is a dynamic economic zone, and integration means more opportunities for growth, innovation, and collaboration.
This proactive stance resonates with many young entrepreneurs and professionals eager to see Macao expand beyond its traditional industries. Diversification could open doors for new sectors, creating fresh opportunities for the youth and strengthening Macao's position in the global economy.
As Macao gears up for this new chapter, all eyes are on the SAR government and its incoming leadership. Will they rise to the challenge and lead Macao towards a more diverse and vibrant economic future? Only time will tell, but the momentum is building, and the excitement is real! 🚀
Reference(s):
Economic diversification a 'must': Macao's incoming chief executive
cgtn.com
