To celebrate the 20th anniversary of Macao’s return to China, the International Academic Seminar on “The Practice and Prospects of ‘One Country, Two Systems’ in Macao” hosted by the Sun Yat-sen University was held recently. The seminar invited more than 100 guests from experts and scholars from universities such as the University of Macau, Peking University, and Tsinghua University, as well as the Hong Kong and Macao Basic Law Committee of the Standing Committee of the National People’s Congress, the Hong Kong and Macao Affairs Office of the State Council, and other circles.
Professor Xu Jianhua, associate professor of the Department of Sociology of FSS, believes that “adhering to the foundation of ‘one country’, the benefits of ‘two systems’ actively integrating into the overall development of the country. It will be relying on the motherland to promote its own development are the greatest experiences of Macao’s success.” Experts at the meeting also believed that this is Thanks to proactive integration into the overall development of the country and strict compliance with the Constitution and the Basic Law, “one country, two systems” has continued to flourish in Macau 20 years after its return and has achieved remarkable economic achievements. Since Macao’s return to the motherland 20 years ago, the economy has grown rapidly, people’s livelihood has continued to improve, and society has maintained long-term stability. The GDP has increased from more than 50 billion patacas in 1999 to more than 440 billion patacas in 2018, achieving leapfrog development. GDP increased from 120,000 patacas in 1999 to 660,000 patacas in 2018.
