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In the 2025 Investment Climate Statement on Macau, Washington said that the push for economic diversification — focusing on MICE, traditional Chinese medicine, modern financial services, and advanced technology — has so far “yielded minimal results.”
The SAR noted in its response that as it “advocates appropriate economic diversification, the local laws and regulations are also improved to further protect employees’ interests and rights, striving for orderly and harmonious labour relations.” Macau authorities also stressed that the SAR is ranked by the World Trade Organization (WTO) as one of the world’s freest economies for trade and investment.
Read more in Macau News Agency
