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| MACAU PERSPECTIVE |
INTRODUCTION
Located on the west bank of the Pearl River Delta, the
humble dwellings of the once small fishing village have
long given way to an exuberant landscape of high-rise
buildings and a myriad of colourful neon. Yet its
historical centre has been preserved until today and was
named a World Heritage Site by the United Nations
Educational, Scientific and Cultural Organisation
(UNESCO). Elsewhere in the city, old chinese temples
squeeze between apartment blocks and from there the
smell of burning incense wafts onto the streets;
Portuguese churches and fortresses sit on hilltops
overlooking the bustling movement of the city; colonial
architecture stands side by side with modern office
tower blocks and facilities, and incoming aircraft climb
down from the sky above to land on the city's
International Airport while old Chinese junks cut
through the copper waters in much the same way they
did five hundred years ago.
The former Portuguese enclave, turned into a Special
Administrative Region of The PRC on December 1999,
is experiencing a trend of rapid economic growth,
following the liberalization of gambling, and is
attracting investment from all corners of the world.
Macau has been the site of big international sports
events such as the 2005 East Asian Games and the 2007
Asian Indoor Games, and holds the world famous
Macau Grand Prix every year. Famous hotel chains are
building their projects in Macau and exclusive global brands are bringing in their retail store operations to the territory. It is now not infrequent to find faces from all continents living in Macau, bringing with them their businesses and foodstuffs,speaking their own languages and idioms, and making Macau a truly international city.
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MACAU SAR
| Official languages: |
Chinese, Portuguese |
| Currency: |
Macau Pataca (MOP) |
| Area: |
28.6 km2 (11.04 sq mi) |
| Population: |
520,400 |
| Time zone: |
UTC/GTM +8 |
| Fiscal year: |
calendar year |
| Trade organizations: |
WTO |
| Main business areas: |
Banking & finance,insurance, construction & real estate, gaming & tourism, internet,telecommunications &
media, infrastructure, and energy |
| Export goods: |
clothing, textiles, footwear,toys, electronics, machinery and parts |
| Import goods: |
raw materials and semimanufactured goods,consumer goods (foodstuffs,beverages, tobacco), capital goods, mineral fuels and oils |
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