China News Service, Macau, August 27. The Statistics and Census Bureau of the Macau SAR Government announced on the 27th that the gross domestic product (GDP) in the second quarter of this year reversed its downward trend and rose by 69.5% in real terms year-on-year.
According to the Statistics and Census Service, Macau's economy resumed positive growth in the second quarter of last year. The main reason was that Macau was affected by the new crown pneumonia epidemic in the same period last year. The economy had a severe economic downturn, which formed a low base, and that the epidemic continued to be under control in the second quarter of this year, which led to a rebound in external demand. Caused by.
According to relevant data, in the second quarter of this year, Macao's service exports increased by 555.6% year-on-year. Among them, the export of gaming services increased by 1089.7%, while exports of other tourism services increased by 1328.3%; exports of goods increased by 606.9% year-on-year; internal demand maintained a positive growth year-on-year Increased by 3.7%.
According to the Statistics and Census Bureau, the local economic activities of Macao residents have basically resumed. The local final consumption expenditure of households rose by 8.8% year-on-year; the final consumption expenditure of households in other places increased by 87%; the overall private consumption also rose by 11.5% year-on-year.
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