During a recent visit to Macau, the Chinese President emphasised the urgent need for the Special Administrative Region to diversify its economy away from its heavy reliance on gaming.
His remarks came as part of celebrations marking the 25th anniversary of Macau’s handover to China, and in a speech following the swearing-in of the SAR’s new chief executive.
The president reiterated that, while Macau has made significant strides in economic recovery following the downturn caused by the pandemic, there is a need to reduce the reliance on the casino sector.