“China urges Macau to reduce dependence on gambling Chinese President Xi Jinping has called on the new government of Macau to diversify the economy of the largest gambling center. The new leader of the city, Sam Hou Fai, should promote the development of tourism and high technology.”, — write on: unn.ua
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It came during the ceremonial inauguration of Macau’s new government on Friday, led by the city’s first leader, Sam Hou Fai, who was born and raised in mainland China.
In his speech, Xi said the Macau government has the “courage” to reduce dependence on the gaming industry and promote the development of other economic sectors such as tourism and high technology. According to the Chinese leader, such steps are aimed at ensuring sustainable economic development in the future.
The new management has also committed to maintaining ties to the city’s history and cultural heritage, as Hou Fai is fluent in Portuguese, an important aspect of maintaining close relations with Portugal, which previously controlled Macau.
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