Macao to make effort to complement in country's development strategies: Chief Executive

Chief Executive of China's Macao Special Administrative Region (SAR) Chui Sai On called for further effort to fully leverage Macao's advantages to complement in the country's development strategies on Tuesday.

Chui delivered a speech Tuesday at a reception held at the Macao Tower Convention and Entertainment Centre to celebrate the 17th anniversary of the establishment of the Macao SAR.

The SAR government regards Macao's participation in the Belt and Road Initiative as the city's major development direction, Chui said, noting that the SAR government has established a special working committee, led by the Office of the Chief Executive, to coordinate the planning and research related to the region's contribution in the country's development strategies.

The SAR government will continue to strengthen the region's infrastructure and systems so as to make better use of the preferential policies initiated by the central government, Chui said.

Despite the uncertainties facing the global economy in the coming year, the SAR government believed that Macao would achieve stable economic development in 2017 with the hope for positive growth, Chui added.

To better align with the country's Fifteenth Five Year Plan, the SAR government has formulated the region's first Five-Year Development Plan which illustrates the overall blueprint and sets clear direction of Macao's social and economic development from year 2016 to 2020.

Chui also highlighted four policy visions to facilitate achieving Macao's development goals which include promoting the diversified economy at an appropriate level, boosting public administration reform, creating more favorable environment for young people, and optimizing welfare and people's livelihood. Endit