{"id":15588,"date":"2024-12-21T16:19:59","date_gmt":"2024-12-21T09:19:59","guid":{"rendered":"https:\/\/thaipropertynews.com\/feeds\/?p=15588"},"modified":"2024-12-21T16:19:59","modified_gmt":"2024-12-21T09:19:59","slug":"grand-design-highlights-macaos-achievements","status":"publish","type":"post","link":"https:\/\/thaipropertynews.com\/feeds\/?p=15588","title":{"rendered":"Grand design highlights Macao&#8217;s achievements"},"content":{"rendered":"<p><span class=\"legendSpanClass\"><span class=\"xn-location\">BEIJING<\/span><\/span>, <span class=\"legendSpanClass\"><span class=\"xn-chron\">Dec. 20, 2024<\/span><\/span> \/PRNewswire\/ &#8212; <span>A news report from China Daily:<\/span><\/p>\n<p>In celebration of the 25th anniversary of <span class=\"xn-location\">Macao&#8217;s<\/span> return to the motherland, English-language newspaper China Daily has published a special data page on Friday.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\">\n<div>\n<div>      \u00a0     <\/div>\n<p>     <span>In celebration of the 25th anniversary of Macao\u2019s return to the motherland, English-language newspaper China Daily has published a special data page on Friday. Featuring an artistic design, the graphics showcase the achievements that Macao has made over the past 25 years in the fields ranging from economy and livelihood to society and culture.<\/span>           <\/p><\/div>\n<\/div>\n<p>Featuring an artistic design, the graphics showcase the achievements that <span class=\"xn-location\">Macao<\/span> has made over the past 25 years in the fields ranging from economy and livelihood to society and culture.<\/p>\n<p>In the design, a large number &#8220;25&#8221; is embedded with the golden lotus flower logo, symbolic of the ever-prosperous <span class=\"xn-location\">Macao<\/span>, as well as silhouettes of the SAR&#8217;s iconic buildings such as the Ruins of <span class=\"xn-location\">St. Paul&#8217;s<\/span>, Macau Tower, Macau Science Center and the Macau Bridge, highlighting the 25th anniversary of <span class=\"xn-location\">Macao&#8217;s<\/span> return to the motherland.<\/p>\n<p>The&#8221;25&#8243; design also incorporates data in four areas at six stages: <span class=\"xn-location\">Macao&#8217;s<\/span> GDP, overall unemployment rate, fiscal reserves, and median monthly employment earnings of <span class=\"xn-location\">Macao<\/span> residents.<\/p>\n<p>Data show that <span class=\"xn-location\">Macao&#8217;s<\/span> GDP jumped from 52.33 billion <span class=\"xn-location\">Macao<\/span> patacas (<span class=\"xn-money\">$6.54 billion<\/span>) in the year of its return in 1999 to 444.54 billion <span class=\"xn-location\">Macao<\/span> patacas in 2019, and it reached 369.33 billion <span class=\"xn-location\">Macao<\/span> patacas in 2023.<\/p>\n<p><span class=\"xn-location\">Macao<\/span> saw a drop in unemployment after its return. The rate stood at 6.3 percent in 1999, fell to 1.7 percent in 2014, and remained at 1.7 percent in the first three quarters of this year.<\/p>\n<p>In contrast, the median monthly employment earnings of the local residents reached 10,000 <span class=\"xn-location\">Macao<\/span> patacas in 2009. In the first three quarters of this year, the figure reached 20,500 <span class=\"xn-location\">Macao<\/span> patacas.<\/p>\n<p>Its fiscal reserves reached 246.34 billion <span class=\"xn-location\">Macao<\/span> patacas in 2014. In the first three quarters of this year, the figure jumped to 616.95 billion <span class=\"xn-location\">Macao<\/span> patacas, demonstrating a rapid increase in fiscal strength and bullish development momentum of the Macao Special Administrative Region government.<\/p>\n<p>In addition, the total assets of <span class=\"xn-location\">Macao&#8217;s<\/span> banking industry have rapidly grown from 139 billion <span class=\"xn-location\">Macao<\/span> patacas at the end of 1999 to 2.41 trillion <span class=\"xn-location\">Macao<\/span> patacas by the first three quarters of this year.<\/p>\n<p>Since returning to the motherland, the Macao SAR government has improved the quality of life for residents in such sectors as employment, housing, education, healthcare, social security, assistance, and public services.<\/p>\n<p>The past 25 years has been a period of the fastest development, highest quality, and strongest sense of happiness for residents in the history of <span class=\"xn-location\">Macao<\/span>.<\/p>\n<p>Data charts of different shapes and colors from dark to light show the changes in different fields such as healthcare, housing, and public services over the years.<\/p>\n<p>The data show that 196,000 <span class=\"xn-location\">Macao<\/span> residents benefited from social security in 1999. In the first 10 months of this year, the beneficiary number reached 517,000. In terms of healthcare, the doctor-to-1,000 population ratio and nurse-to-1,000 population ratio were 2.0 and 2.1 in 1999, respectively, reaching 2.9 and 4.4 in 2023. When it comes to public housing, 9,084 apartments were offered in 1999. The figure increased to 57,117 in the first three quarters of this year.<\/p>\n<p>To improve public services, the SAR government launched the Macao &#8220;One Account&#8221; public service platform in 2019, benefiting 49,595 users that year. By the end of the third quarter of this year, the total number of users had reached 620,465. The &#8220;One Account&#8221; platform has also expanded its service items from 60 in 2020 to 435 currently.<\/p>\n<p><span class=\"xn-location\">Macao<\/span> has a rich cultural heritage, well-developed tourism facilities, and festivals and events throughout the year, making it an appealing tourist attraction.<\/p>\n<p>The in-depth integration of culture and technology has added momentum to the development of <span class=\"xn-location\">Macao&#8217;s<\/span> tourism industry. In 2023 and 2024, the SAR was awarded the &#8220;Best Convention City in <span class=\"xn-location\">Asia<\/span>&#8221; and the &#8220;Best BT-MICE City&#8221; respectively, due to its outstanding performance in the convention and exhibition industry, and its achievements as a destination for business trips, as well as meetings, incentives, conferences and exhibitions.<\/p>\n<p>It also earned the title of &#8220;Culture City of East Asia 2025&#8221; in an initiative jointly launched by <span class=\"xn-location\">China<\/span>, <span class=\"xn-location\">Japan<\/span> and <span class=\"xn-location\">South Korea<\/span>. Via the Culture City of East Asia program, the three nations name one or two cities in each country each year to promote cultural exchanges and cooperation.<\/p>\n<p>Data show that <span class=\"xn-location\">Macao<\/span> received 6.61 million inbound tourists in 1999. From January to October this year, the number of inbound tourists exceeded 29.06 million.<\/p>\n<p>The per capita tourist spending was 1,373 <span class=\"xn-location\">Macao<\/span> patacas in 1999 and 2,168 <span class=\"xn-location\">Macao<\/span> patacas in the first three quarters of this year.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\">  <\/div>","protected":false},"excerpt":{"rendered":"<p><!-- wp:html --><\/p>\n<p><span class=\"legendSpanClass\"><span class=\"xn-location\">BEIJING<\/span><\/span>, <span class=\"legendSpanClass\"><span class=\"xn-chron\">Dec. 20, 2024<\/span><\/span> \/PRNewswire\/ &#8212; <span>A news report from China Daily:<\/span><\/p>\n<p>In celebration of the 25th anniversary of <span class=\"xn-location\">Macao&#8217;s<\/span> return to the motherland, English-language newspaper China Daily has published a special data page on Friday.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\">\n<div>\n<div>      \u00a0     <\/div>\n<p>     <span>In celebration of the 25th anniversary of Macao\u2019s return to the motherland, English-language newspaper China Daily has published a special data page on Friday. Featuring an artistic design, the graphics showcase the achievements that Macao has made over the past 25 years in the fields ranging from economy and livelihood to society and culture.<\/span>           <\/p>\n<\/div>\n<\/div>\n<p>Featuring an artistic design, the graphics showcase the achievements that <span class=\"xn-location\">Macao<\/span> has made over the past 25 years in the fields ranging from economy and livelihood to society and culture.<\/p>\n<p>In the design, a large number &#8220;25&#8221; is embedded with the golden lotus flower logo, symbolic of the ever-prosperous <span class=\"xn-location\">Macao<\/span>, as well as silhouettes of the SAR&#8217;s iconic buildings such as the Ruins of <span class=\"xn-location\">St. Paul&#8217;s<\/span>, Macau Tower, Macau Science Center and the Macau Bridge, highlighting the 25th anniversary of <span class=\"xn-location\">Macao&#8217;s<\/span> return to the motherland.<\/p>\n<p>The&#8221;25&#8243; design also incorporates data in four areas at six stages: <span class=\"xn-location\">Macao&#8217;s<\/span> GDP, overall unemployment rate, fiscal reserves, and median monthly employment earnings of <span class=\"xn-location\">Macao<\/span> residents.<\/p>\n<p>Data show that <span class=\"xn-location\">Macao&#8217;s<\/span> GDP jumped from 52.33 billion <span class=\"xn-location\">Macao<\/span> patacas (<span class=\"xn-money\">$6.54 billion<\/span>) in the year of its return in 1999 to 444.54 billion <span class=\"xn-location\">Macao<\/span> patacas in 2019, and it reached 369.33 billion <span class=\"xn-location\">Macao<\/span> patacas in 2023.<\/p>\n<p><span class=\"xn-location\">Macao<\/span> saw a drop in unemployment after its return. The rate stood at 6.3 percent in 1999, fell to 1.7 percent in 2014, and remained at 1.7 percent in the first three quarters of this year.<\/p>\n<p>In contrast, the median monthly employment earnings of the local residents reached 10,000 <span class=\"xn-location\">Macao<\/span> patacas in 2009. In the first three quarters of this year, the figure reached 20,500 <span class=\"xn-location\">Macao<\/span> patacas.<\/p>\n<p>Its fiscal reserves reached 246.34 billion <span class=\"xn-location\">Macao<\/span> patacas in 2014. In the first three quarters of this year, the figure jumped to 616.95 billion <span class=\"xn-location\">Macao<\/span> patacas, demonstrating a rapid increase in fiscal strength and bullish development momentum of the Macao Special Administrative Region government.<\/p>\n<p>In addition, the total assets of <span class=\"xn-location\">Macao&#8217;s<\/span> banking industry have rapidly grown from 139 billion <span class=\"xn-location\">Macao<\/span> patacas at the end of 1999 to 2.41 trillion <span class=\"xn-location\">Macao<\/span> patacas by the first three quarters of this year.<\/p>\n<p>Since returning to the motherland, the Macao SAR government has improved the quality of life for residents in such sectors as employment, housing, education, healthcare, social security, assistance, and public services.<\/p>\n<p>The past 25 years has been a period of the fastest development, highest quality, and strongest sense of happiness for residents in the history of <span class=\"xn-location\">Macao<\/span>.<\/p>\n<p>Data charts of different shapes and colors from dark to light show the changes in different fields such as healthcare, housing, and public services over the years.<\/p>\n<p>The data show that 196,000 <span class=\"xn-location\">Macao<\/span> residents benefited from social security in 1999. In the first 10 months of this year, the beneficiary number reached 517,000. In terms of healthcare, the doctor-to-1,000 population ratio and nurse-to-1,000 population ratio were 2.0 and 2.1 in 1999, respectively, reaching 2.9 and 4.4 in 2023. When it comes to public housing, 9,084 apartments were offered in 1999. The figure increased to 57,117 in the first three quarters of this year.<\/p>\n<p>To improve public services, the SAR government launched the Macao &#8220;One Account&#8221; public service platform in 2019, benefiting 49,595 users that year. By the end of the third quarter of this year, the total number of users had reached 620,465. The &#8220;One Account&#8221; platform has also expanded its service items from 60 in 2020 to 435 currently.<\/p>\n<p><span class=\"xn-location\">Macao<\/span> has a rich cultural heritage, well-developed tourism facilities, and festivals and events throughout the year, making it an appealing tourist attraction.<\/p>\n<p>The in-depth integration of culture and technology has added momentum to the development of <span class=\"xn-location\">Macao&#8217;s<\/span> tourism industry. In 2023 and 2024, the SAR was awarded the &#8220;Best Convention City in <span class=\"xn-location\">Asia<\/span>&#8221; and the &#8220;Best BT-MICE City&#8221; respectively, due to its outstanding performance in the convention and exhibition industry, and its achievements as a destination for business trips, as well as meetings, incentives, conferences and exhibitions.<\/p>\n<p>It also earned the title of &#8220;Culture City of East Asia 2025&#8221; in an initiative jointly launched by <span class=\"xn-location\">China<\/span>, <span class=\"xn-location\">Japan<\/span> and <span class=\"xn-location\">South Korea<\/span>. Via the Culture City of East Asia program, the three nations name one or two cities in each country each year to promote cultural exchanges and cooperation.<\/p>\n<p>Data show that <span class=\"xn-location\">Macao<\/span> received 6.61 million inbound tourists in 1999. From January to October this year, the number of inbound tourists exceeded 29.06 million.<\/p>\n<p>The per capita tourist spending was 1,373 <span class=\"xn-location\">Macao<\/span> patacas in 1999 and 2,168 <span class=\"xn-location\">Macao<\/span> patacas in the first three quarters of this year.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\">  <\/div>\n<p><!-- \/wp:html --><\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":[],"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[5,7],"tags":[],"class_list":["post-15588","post","type-post","status-publish","format-standard","hentry","category-cision-pr-newswire","category-cision-pr-newswire-en"],"_links":{"self":[{"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/posts\/15588","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=15588"}],"version-history":[{"count":0,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/posts\/15588\/revisions"}],"wp:attachment":[{"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=15588"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=15588"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=15588"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}