The Chief Executive of Macau said that the territory's "active involvement" in the Chinese projects 'One Belt, One Route' and 'Greater Bay Area' is a stimulus to sustainable development in the special administrative region.
"We will be actively involved and strive to articulate the construction of the Guangdong-Hong Kong-Macau Greater Bay Area with the building of the 'One Belt, One Route' project (...) in order to foster the formation of a tourism and leisure atmosphere in Macau and to stimulate sustainable development" in the territory, Chui Sai On said during the ceremony that celebrated the 69th anniversary of the establishment of the People's Republic of China, held in Macau.
The Chief Executive of the Special Administrative Region of Macau (SAR) also took the opportunity to announce that the Government is going to adjust various subsidies and social welfare programs, "providing the most vulnerable groups with all the assistance they need and sharing the fruits of economic development."
In line with the five-year development plan, Macau will draw up regulations and plans for the management of maritime areas and accelerate public administration reforms, he added.
According to the Government leader, Macau "currently boasts a stable and healthy economic situation, with unemployment rates kept at a reasonable level," but must adopt "preventive measures and prepare adequate solutions" in the face of a "complex and unstable" international situation.
Macau's role as a platform between China and Portuguese-speaking countries must be "fully implemented" so as to contribute to "the country's opening to the world," Chui Sai On pointed out.