Chief Executive Highlights Good Prospect of Macao

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 ◆ Chief Executive Highlights Good Prospect of Macao

China's Macao Special Administrative Region (SAR) will play host to visitors from all over the world with a new image and provide sound business opportunities for overseas investors, Chief Executive Edmund Ho Hau Wah said in Macao Wednesday.

At present, the advantages for Macao's development are much more than before, Ho said at the opening ceremony for an overseas Chinese gathering.

He cited that the SAR has now sound public security and stable social order; its public service system has further improved; and its economic structure is being optimized.

"We are now setting a development mode with free port of entry,tourism and gambling industry and service industry as pillars and the motherland as backing," the chief executive said.

Macao people have exerted concerted efforts to overcome all kinds of social difficulties shortly after Macao's return to the motherland, consolidating the basis and accumulating the energy for Macao's development, Ho said.

He said that the SAR government has been strictly abiding by the Basic Law, and the principle of "One Country, Two Systems" hasbeen successfully implemented.

The Macao SAR government will provide full support for the exchanges of the overseas Chinese so as to expand the international image of Macao, the chief executive said.

Hundreds of overseas Chinese from more than 20 countries and regions attended the gathering as part of the activities to celebrate the 2nd anniversary on Macao's return to the motherland.

Present were also Ma Man Kei and Luo Haocai, vice-chairmen of the National Committee of the Chinese People's Political Consultative Conference (CPPCC).(Xinhua News Agency)