Macao highlights city’s role in ‘dual circulation’ pattern

Macao: Macao Special Administrative Region (SAR) will give full play to its role as a platform where the two parts of China’s “dual circulation” development pattern meet, Chief Executive Ho Iat Seng said on Thursday.
China is establishing a new development pattern known as “dual circulation,” which takes the domestic market as the mainstay and lets the domestic and foreign markets boost each other.
In his speech delivered at a reception to celebrate the 71st anniversary of the founding of the People’s Republic of China, Ho said Macao will play an active role in the domestic market and further integrate itself into the country’s overall development.
On the other hand, the SAR will take part in the foreign market to facilitate China’s opening-up under the new circumstances and Macao’s economic development, he added.
He stressed Macao’s firm adherence to the policies of “One Country, Two Systems,” “the people of Macao governing Macao” and a high degree of autonomy, and continued pursuit of Macao’s strategic position as a world center of tourism and leisure, and as a commercial and trade cooperation service platform between China and Portuguese-speaking countries.
Thanks to the care and guidance provided by the central government, Macao was able to contain COVID-19 from spreading locally, said the chief executive. He hailed the country’s solid support for Macao, in particular when facing the unprecedented challenge of the COVID-19 pandemic. Ho said Macao is now a safe place for tourists and its economy is expected to recover gradually, thanks to the resumption of permit issuance under the facilitated individual travel scheme for mainland residents wishing to visit Macao as tourists.
The reception, hosted by the Macao SAR government and attended by 1,100 guests, was held at the China-Portuguese-speaking Countries Commercial and Trade Service Platform Complex.
–The Daily Mail-CGTN exchange item