December 20, 2019

Officials and business representatives in Macao say they are confident that the special administrative region is able to build up its financial industry with its own characteristics for future development, with the central government providing firm support.

Addressing a gathering to celebrate the 20th anniversary of Macao's return to China on Friday, Chinese President Xi Jinping urged Macao to focus on selected aspects and projects based on the region's conditions and well-conceived procedures to appropriately diversify its economy, the Xinhua News Agency reported.

Macao should grasp the opportunity brought by the building of the Belt and Road Initiative (BRI) and the Guangdong-Hong Kong-Macao Greater Bay Area, Xi said.

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https://www.globaltimes.cn/content/1174264.shtml