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Macro-economy

Macao's economic work for Greater Bay Area in progress: financial chief

February 21, 2019


Abstract : All work related to Macao's economy and finance development mentioned in the newly released outline development plan for the Guangdong-Hong Kong-Macao Greater Bay Area has been in progress, Macao's financial chief told the media on Wednesday evening.

MACAO, Feb. 21 (Xinhua) -- All work related to Macao's economy and finance development mentioned in the newly released outline development plan for the Guangdong-Hong Kong-Macao Greater Bay Area has been in progress, the special administrative region (SAR)'s financial chief told the media on Wednesday evening.

Leong Vai Tac, the secretary for economy and finance of SAR government, said there are about 300 items in the plan about Macao's development and his office is responsible for about 70 among them, which so far are all in progress.

Leong added that the plan provides an opportunity for Macao to implement the adequate diversification of the economy. Macao should seize the opportunity and join in the great course of national development.

The financial chief revealed that in 2018, an interdepartmental work group has been set up to supervise the economy and finance development. The work group regularly organizes meetings to examine and follow up the quarterly work targets and jobs related to the Great Bay Area development.

He said that the development of the Great Bay Area does not only aim at the cooperation between the involved governments or economic relation of the companies, but also offers benefits to the population of the region so that the residents enjoy a common quality living circle.

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Keyword: Macao economic Greater-Bay-Area

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