Tools: Save | Print | E-mail | Most Read
Macao Sees 16.6 Percent GDP Growth in 2006
Adjust font size:

Macao's gross domestic product (GDP) saw a growth rate of 16.6 percent in 2006, the second highest since the region returned to the Chinese motherland in 1999, according to official statistics issued Monday.

The figures released by the government-run Statistics and Census Service (SCS) showed that the GDP reached a record 114.36 billion patacas (US$14.30 billion) in 2006.

The SCS attributes the GDP hike mainly to the "open policy" implemented by the central government to help promote Macao's economic development.

"The mainland's individual visit program and the gradual appreciation of the yuan brought to Macao a huge influx of visitors, helping the region's tourism industry gain strong impetus," a statement issued by the SCS said.

Meanwhile, the region's pillar gaming industry saw a 22-percent rise in its receipts in 2006, also contributing largely to the GDP growth, said the statement.

(Xinhua News Agency April 2, 2007)

Tools: Save | Print | E-mail | Most Read

Related Stories
2007 GDP Forecasts Revised After Strong Start
Province Vows Clean New Industry
Green GDP Shown the Red Signal
Shenzhen Mayor Charts Course for 2007
China's GDP Ups in 2006

Product Directory
China Search
Country Search
Hot Buys
SiteMap | About Us | RSS | Newsletter | Feedback
Copyright © All Rights Reserved     E-mail: Tel: 86-10-88828000 京ICP证 040089号