世界各国

Macau

Introduction to Macau

Colonized by the Portuguese in the 16th century, Macau was the first European settlement in the Far East. Pursuant to an agreement signed by China and Portugal on 13 April 1987, Macau became the Macau Special Administrative Region (SAR) of China on 20 December 1999. China has promised that, under its "one country, two systems" formula, China's socialist economic system will not be practiced in Macau, and that Macau will enjoy a high degree of autonomy in all matters except foreign and defense affairs for the next 50 years.

Government

National holiday:

National Day (Anniversary of the Founding of the People's Republic of China), 1 October (1949); note - 20 December 1999 is celebrated as Macau Special Administrative Region Establishment Day 

Economy

Economy overview:

Macau's well-to-do economy has remained one of the most open in the world since its reversion to China in 1999. The territory's net exports of goods and services account for roughly 41% of GDP with tourism and apparel exports as the mainstays. Although the territory was hit hard by the 1998 Asian financial crisis and the global downturn in 2001, its economy grew 9.5% in 2002. A rapid rise in the number of mainland visitors because of China's easing of restrictions on travel drove the recovery. The budget also returned to surplus in 2002 because of the surge in visitors from China and a hike in taxes on gambling profits, which generated about 70% of government revenue. The liberalization of Macao's gambling monopoly contributes to GDP growth, as the three companies awarded gambling licenses have pledged to invest $2.2 billion in the territory. Much of Macau's textile industry may move to the mainland as the Multi-Fiber Agreement is phased out. The territory may have to rely more on gambling and trade-related services to generate growth. The government estimated GDP growth at 4% in 2003 with the drop in large measure due to concerns over the Severe Acute Respiratory Syndrome (SARS), but private sector analysts think the figure may have been higher because of the continuing boom in tourism. 

GDP:

purchasing power parity - $9.1 billion (2003 est.) 

GDP - composition by sector:

agriculture: 1%
industry: 12%
services: 87% (2002 est.)

Agriculture products:

vegetables, livestock 

Industries:

tourism, gambling, clothing, textiles, electronics, footwear, toys 

Transportation

Highways:

total: 271 km
paved: 271 km
unpaved: 0 km (2000)

Ports and harbors:

Macau

Airports:

1 (2003 est.)