CGTN | China' s ' pearl' | How Macao thrives since its return 25 years ago

BEIJING, Dec. 19, 2024 /PRNewswire/

Twenty-five years. That's how long it took Macao to place itself among Asia's wealthiest cities and the world at large.The GDP of China's Macao Special Administrative Region (SAR) in 2023 stood at 379.5 billion MOP (about $47.5 billion), a sevenfold increase from 1999, the year Macao returned to China.Macao is "a pearl on the palm" of the motherland, said Chinese President Xi Jinping on Wednesday when he arrived in the city on a special plane to celebrate the 25th anniversary of Macao's return to China.Over the past 25 years, the practice of "One Country, Two Systems" with Macao characteristics has achieved success and is widely recognized by the world, showcasing great vitality and unique charm, President Xi said at the airport.The 'pearl' of ChinaApproximately 2.
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