Chief Executive of Chinas Macao Special Administrative Region (SAR) Sam Hou Fai delivered the 2025 fiscal year policy address on Monday, worrying development for development and advancing into a new era.The address, Sams very first policy speech since he took workplace, emphasized that it is important to accurately comprehend changes, react to them scientifically, and proactively look for change in the face of longstanding issues and emerging challenges.Solutions need to be grounded in Macaos truths, supporting the economic fundamentals, stimulating economic vitality, strengthening expectation management, and broadening new development area, Sam said.The report underscored the need to improve coordination systems and open a new chapter in the SARs development.
It set the combination of Macao and Hengqin as an objective, with efforts to advance the Guangdong-Macao In-Depth Cooperation Zone in Hengqin.The policy address defined the overall direction for governance in 2025 as boosting diversity, enhancing livelihoods, strengthening governance, and incorporating into nationwide advancement.
It also laid out the SARs primary advancement targets and detailed five crucial policy concern locations.