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Macao's incoming chief executive lays out local development plan

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China

Macao's incoming chief executive lays out local development plan

2024-12-12 17:32 Last Updated At:19:07

Sam Hou Fai, Macao's incoming chief executive, outlined a five-year development plan for the Macao Special Administrative Region (SAR), emphasizing the sectors of culture, tourism, and scientific research.

Sam was elected the sixth-term chief executive designate of Macao SAR on Oct 13, and will assume office on Dec 20.

In an interview with media outlets, Sam introduced his vision for development for Macao SAR in the next five years.

"In 2019, President Xi expressed his hope, or rather a requirement, on the occasion of the 20th anniversary of Macao's return to the motherland and the inauguration of the fifth-term government of the Macao Special Administrative Region. He said specifically that on the basis of Macao's realities and through rigorous feasibility studies, the Macao SAR needs to identify the main focus and key projects for its economic development. He said Macao needs to take a multi-pronged strategy in terms of policy, financial support and human resources, and resolve the most difficult issues through synergy," he said.

Sam emphasized positioning Macao as "one center, one platform, one base," with a particular focus on the concept of "one base." He underscored the goal of establishing a cultural base that reflects Macao's unique blend of Chinese and Western cultures.

"For example, in terms of culture and tourism, during my campaign, I discussed with friends in the cultural and tourism sectors about whether we could genuinely explore the idea and reach a consensus of creating 'one base' that embodies Macao's unique character while integrating Chinese and Western cultures. This will demonstrate Macao's position of building 'one base', establishing a large-scale cultural and tourism complex that positions Macao as an attractive destination in the Asia-Pacific region. It will also serve as a base for cultural integration, highlighting Chinese culture as the mainstay while promoting exchanges and mutual learning between Chinese and Western cultures," said Sam.

He also mentioned aligning with the development of the Guangdong-Macao in-depth cooperation zone in Hengqin, particularly in the area of scientific research.

"In terms of scientific research, we are considering whether there are significant modern technologies and innovations that can be introduced to Macao. We could connect these advancements with the technology industry in Hengqin, fostering collaborative development between the two regions," said Sam.

Macao's incoming chief executive lays out local development plan

Macao's incoming chief executive lays out local development plan

BMW AG Chairman Oliver Zipse said the automaker will debut its first Neue Klasse model designed specifically for China at the Beijing Auto Show, showcasing a new fusion of German engineering and Chinese digital innovation.

Ties between the two sides are in the spotlight this week as German Chancellor Friedrich Merz arrived in China on Wednesday for a two-day official visit, his first since taking office last May. Zipse is among senior executives from around 30 leading German companies accompanying the chancellor on the trip.

"It is the most Chinese car we've ever built, tailored specifically to the needs and wishes of our Chinese customers," said Zipse in an exclusive interview with China Global Television Network (CGTN) on Tuesday.

Zipse stressed that the car's innovations stem directly from BMW's deep partnerships with Chinese tech leaders.

"It features many innovations from our partnerships with leading Chinese players as, for example, battery cells come from CATL, autonomous driving stack is jointly developed with Momenta, and the large language model for the BMW Intelligent Personal Assistant is the result of our longstanding partnership with Alibaba," he said.

He presented these partnerships as a blueprint for the future of the global auto industry.

"These features are a perfect example of cross-border collaboration, joint pioneering spirit and mutual openness," Zipse said.

The 2026 Beijing Auto Show is scheduled to be held in Beijing from April 24 to May 3.

BMW to unveil China-tailored Neue Klasse at Beijing Auto Show

BMW to unveil China-tailored Neue Klasse at Beijing Auto Show

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