The construction of the new border between Macau and Zhuhai on Hengqin Island is expected to be finished by Dec 20-the 20th anniversary of Macau’s return to China.
Business
Macau’s development achievements over the past 20 years have demonstrated the vitality of “One Country, Two Systems,” a senior Chinese diplomat said.
Macau’s economy will contract at a rate of 5.2% in 2019, according to the latest forecasts from the Economist Intelligence Unit (EIU), which refer to 2021 as the year in which the territory will return to positive growth rates.
After more than a one year suspension from her duties in IPIM Glória Batalha Ung returned to the institution to work in the Department of Economic and Commercial Promotion with Lusophone markets.
Zhang Yaqin, president of Beijing-based internet giant Baidu, will be giving a lecture on “Advances in Autonomous Driving” on Monday at the University of Macau.
A decade after the project was launched, the Macau Light Rail (LRT) will start operations on Tuesday.
Trade between the Chinese mainland and Macau amounted to 17.59 billion yuan in the first 10 months of the year, up 5.5% year-on-year.
The People’s Bank of China has inked a currency swap deal with the Macau Monetary Authority.
Macau casinos gross gaming revenue (GGR) fell 8.5 percent year-on-year in November, according to data released today by the Gaming Inspection and Coordination Bureau (DICJ).