China News Agency, Macau, July 9 (Reporter Long Tuyou) The Chief Executive of the Macao Special Administrative Region, He Yicheng, said on the 9th that the arrival of the new crown pneumonia epidemic once again exposed the problems of Macau's single industrial structure, excessive dependence on the gaming industry, and insufficient economic resilience. Accelerate the promotion of a moderately diversified economy.
The Macao Economic Development Commission held the 2020 General Assembly on the same day, and the meeting was chaired by He Yicheng. The Secretary for Economics and Finance, Li Weinong, introduced Macao's economic situation this year. Several members also put forward opinions and suggestions on promoting Macao's economic recovery after the epidemic.
He Yicheng said in his speech that the new coronary pneumonia epidemic had a severe impact on the global economy. The repeated epidemic situation in various countries makes the world economic recovery more uncertain. The overall economic activity of Macau has slowed down, and various industries and large and medium-sized enterprises are facing various difficulties and challenges. It is expected that under the environment of increasing external uncertainties, the Macao economy will still face greater pressure in the second half of the year.
He pointed out that the SAR Government has launched a series of tax reduction and exemption measures, and is committed to preserving the vitality and vitality of market players. However, the advent of the epidemic once again exposed the problems of Macao's single industrial structure, excessive dependence on the gaming industry, and insufficient economic resilience. It is necessary to speed up thinking about the specific direction and measures for optimizing Macao’s economic structure, and to promote a moderately diversified economy and put it into practice. In particular, the advantages of "one country, two systems" should be fully utilized to prepare for the active participation in the construction of the Guangdong-Hong Kong-Macao Greater Bay Area and lay a firmer foundation for the long-term sustainable development of the SAR.
He Yicheng said that under the current relatively controlled environment of Macao's epidemic, it is an important task of the SAR government to promote economic recovery. It requires all sectors of society to work together to provide suggestions and ideas for the recovery of Macao's economy after the epidemic. (Finish)