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
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
"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)