x

Central government supports diversified development of Macao

Source:Global Times

The Chinese mainland and the Macao Special Administrative Region have seen constant progress in exchanges and cooperation since Macao’s return to China in December 1999, and the central government will support the diversified development of Macao’s industries and further involve the city in the overall national development plan, a senior official said.

Over the past 20 years, to facilitate trade between Macao and the mainland, many efforts have been made to promote and simplify customs procedures, according to a report from the Xinhua News Agency on Monday, citing Wang Lingjun, a vice minister of the General Administration of Customs of China.

Wang said that the mainland customs agency has adopted measures, including filing requirements for breeding plants, in a bid to ensure the safety of food transported to Macao.

The Gongbei Port, which links Zhuhai, South China’s Guangdong Province to Macao, has promoted measures such as “centralized declaration” and “24-hour appointment customs clearance” to ensure “zero stagnation” of fresh agricultural products, said Wang.

Between December 1999 and October this year, the Gongbei Customs inspected and released nearly 1.8 million tons of fresh agricultural products for Macao. The mainland supplies nearly 300 varieties of products to Macao each year, Xinhua said.

Apart from a series of simplified custom measures to facilitate trade, Macao has enjoyed strong support from the mainland, and it has been thriving under the “one country, two systems” principle.

Macao’s GDP expanded to 444.7 billion Macao patacas ($55.2 billion) in 2018 from 51.9 billion Macao patacas in 1999 when the city returned and the average wage has reached 20,000 Macao patacas per month, official data showed.

Looking forward, the city is set to play a more significant role in the central government’s grand plan of the Guangdong-Hong Kong-Macao Greater Bay Area, which aims to build a global economic and technological powerhouse in southern China that could be on par with bay areas in New York and San Francisco.

The central government will continue to support Macao’s role as a core engine in the Greater Bay Area, and strengthen its characteristic industries where it has an advantage, Xinhua reported, citing an official from the National Development and Reform Commission, the country’s top economic planner.

Hot this week

Editors Urge Government To Create Safe, Enabling Environment For Journalists

· Ask security agents to find missing Vanguard journalist As...

EXCLUSIVE: Buhari orders probe of Isa Funtua, AMCON over keystone and Etisalat

Following the controversy generated by the leading opposition party,...

6 Signs your boyfriend thinks you are ugly -Take note of No. 2

They say there are three kinds of people; the...

2023: South-East, Middle Belt Forum Endorses Peter Obi

The South-East and Middle Belt Forum has endorsed the...

Trump Bans Citizens of 12 Countries from Entering U.S. Over Security, Immigration Concerns

U.S. President Donald Trump has introduced a sweeping travel...

FG trains over 175 youths from the North Central region of Nigeria 

By Israel Adamu, Jos  The Federal government through the office...

Bayelsa Deputy Governor Lauds Diri’s Leadership on 66th Birthday

Amgbare Ekaunkumo, Yenagoa   Bayelsa State Deputy Governor, Senator Lawrence Ewhrudjakpo,...

Wike To Deliver OAU Distinguished Personality Lecture

By Joyce Remi-Babayeju The FCT Minister, Barr. Nyesom Wike, on...

Breaking: Tinubu To Commence 10 Projects Commissions In Abuja, Satellite Towns

By Joyce Remi-Babayeju President Bola Ahmed Tinubu is set to...

NCPC Re-strategize For 2025 Pilgrimage, Holds Staff Retreat

By Joyce Remi-Babayeju In a bid to restrategize to ensure...

Regina Daniels Accuses Angela Okorie of Pursuing Her Husband Amid Ongoing Feud

Nollywood star Regina Daniels has fired back at fellow...
spot_img

Related Articles

Popular Categories

spot_imgspot_img