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Laison office says Macau progress is in the economic recostructure

The restructuring of economy in the MSAR has achieved progress, an official from the Liaison Office said, reported Xinhua reported. Yao Jian, deputy head of the office, made the comments at a recent seminar attended by senior officials from six large local tourism and leisure enterprises as well as major subsidiaries of Chinese mainland corporations […]

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UPDATED: 22 Dec 2023, 5:50 am

The restructuring of economy in the MSAR has achieved progress, an official from the Liaison Office said, reported Xinhua reported.

Yao Jian, deputy head of the office, made the comments at a recent seminar attended by senior officials from six large local tourism and leisure enterprises as well as major subsidiaries of Chinese mainland corporations here.

New active elements have appeared in the process of Macau’s industrial restructuring, and non-gaming revenues increased 2 percent in 2015 despite the drastic slump of the gambling industry, Yao said.

Lauding Macau’s major enterprises’ contribution in supporting the growth of local small and medium-sized enterprises, Yao called for more efforts to be made to speed up industry transformation so as to maintain sustainable economic development in the SAR.

(macaunews/macaudailytimes)

UPDATED: 22 Dec 2023, 5:50 am

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