Analysts point out that the Chinese government needs to take fiscal measures to arrest the decline in the price of goods and services and boost demand.
Business
Hengqin authorities have confirmed that they are working on a scheme to make visiting Macao more affordable for budget travellers.
Government officials, scholars, industry professionals and students will converge to discuss AI and its impact across a range of sectors.
The index has now seen eight consecutive periods of decline, prompting realtors to call for the removal of all market curbs.
This year’s edition will be held at the Venetian on the last weekend of April, and will be bigger, with brand new pavilions.
The figure represents a year-on-year increase of 75 percent, a clear sign of local tourism’s post-pandemic recovery.
Better than expected tourism numbers are behind the revision, though concessionaires’ widening embrace of smart tables could also boost the final figure.
China says its production of solar products, electric vehicles and batteries will help not hinder the world’s low-carbon transition.
The bill, set to come into force in August, now includes a clause allowing Macao’s top official to end a concessionaire’s ability to grant credit.