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)
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