Home Actuality Ho Iat Seng challenges Macau Trade Association to continue uniting and leading the sector

Ho Iat Seng challenges Macau Trade Association to continue uniting and leading the sector

The Chief Executive, was present at the spring dinner hosted yesterday by the Macau Commercial Association (ACM).

Ho Iat Seng acknowledged that over the past three years, the volatility of the epidemic has had severe impacts on Macau’s economy, and encouraged the Association to strengthen its functions – which he described as indispensable – in Macau’s industrial and business communities and society, and play an increasingly decisive role in creating a new environment of “one country, two systems” with Macau characteristics.

Also read: Portuguese-speaking countries’ exports to Macau rise 46.9%

Ho Iat Seng said he hopes the Macau Business Association will continue to unite and lead these sectors in supporting and cooperating with the Government in implementing policies and measures, seizing opportunities arising from development, and proactively participating in the construction of the Greater Bay and the Guangdong-Macao Deepening Cooperation Zone in Hengqin, jointly contributing to the proper diversification of the “1+4” principle.

It also hopes that the Association’s members will “seize the opportunities generated by the post-epidemic economic recovery.” He stressed that the resumption of normalization of people’s travel between Macau and Mainland China and a new round of investment and development plans of gaming concessionaires are being promoted in an orderly manner, which will inject new impetus into the development of all sectors.

Also read: Good performance of the game in Macau is still insufficient to talk about full recovery

Ho Iat Seng called on ACM representatives to provide good service in welcoming customers, continuously optimize and innovate tourism projects, consolidate and improve service quality, and focus on exploring the market of high-quality tourism sources, so as to jointly promote the recovery and diversified development of the tourism and leisure industry.

He also said that it should properly manage employer and employee relations and play its important role in stabilizing employment, making further contributions to the stability and social unity of Macao.

The Chief Executive also stressed that this third year of the implementation of the Second Five-Year Socio-Economic Development Plan of the Macao SAR is a crucial year.

Read also: Macau casino revenues reach highest value since 2020

In concluding his speech, Ho Iat Seng said, “The MSAR Government will fully implement the spirit enshrined in the report of the 20th National Congress and the important speeches and instructions of President Xi Jinping. The MSAR Government will fully implement the spirit enshrined in the report of the 20th National Congress and the important speeches and instructions of President Xi Jinping, and, in accordance with the general guidelines of the Government’s line of action, seize the opportunities of national development, make the best use of the policies and measures offered by the Central Government to support the development of Macao, improve the welfare of the people and the business environment, perfect the policies for the development of industries, boost the market, push for the appropriate diversification of the economy and the construction of the Guangdong-Macao Deepening Cooperation Zone in Hengqin, and contribute to the comprehensive promotion of the great rejuvenation of the Chinese nation with a Chinese-style modernization”.

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