Published: 00:19, December 20, 2024 | Updated: 09:28, December 20, 2024
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Collaboration between two SARs will unlock huge opportunities
By Edi Koesno

The 25th anniversary of the establishment of the Macao Special Administrative Region marks a significant milestone in its journey of development and integration with the motherland. Over these years, Macao has transformed remarkably, navigating through various challenges while embracing opportunities for growth. The anniversary is an occasion not only for celebrating past achievements but also for thinking about the future of the Macao SAR.

Since the handover in 1999, Macao has experienced profound changes. With robust support from the central government, the Macao SAR has fortified its legal and institutional frameworks for national security, embodying the principle of “patriots governing Macao”. This achievement has not only ensured stability but has also fostered an environment conducive to sustainable development in the city.

Macao’s economic landscape is evolving, with the government increasingly emphasizing diversification from the tourism and gaming sectors, which have been the cornerstones of its economy. The SAR government has long recognized the importance of diversifying its economic base. Initiatives to promote cultural industries, technology, and education are underway, underlining Macao’s commitment to balanced growth. The 25th anniversary serves as a platform to celebrate these achievements while setting ambitious goals for the future.

The “one country, two systems” principle is a cornerstone of Macao’s governance model. It allows for the coexistence of the socialist system of the Chinese mainland and the capitalist system of Macao under one country, facilitating a unique framework that respects local customs and practices while ensuring national unity. This model has proved effective in maintaining social stability, economic prosperity and cultural identity.

Macao’s success under “one country, two systems” demonstrates the effectiveness of a governance model that adapts to local conditions while aligning with national interests. The central government’s support has been pivotal to Macao’s success, providing the necessary resources and strategic direction for Macao to thrive. As the region continues to develop, the importance of this model cannot be overstated, as it lays the foundation for future growth and integration with the mainland.

Being two SARs, Hong Kong and Macao share a unique bond under the “one country, two systems” framework. Their distinct yet complementary development trajectories create numerous opportunities for collaboration. The appointment of Macao’s new leadership under incoming chief executive Sam Hou-fai signals a renewed commitment to enhancing cooperation between the two regions.

The collaboration between Hong Kong and Macao can manifest in various forms, including economic partnerships, cultural exchanges and joint initiatives. For instance, both regions can leverage their strengths in tourism, finance, and trade to create a more integrated economic landscape. By sharing resources and expertise, they can enhance their competitiveness on the global stage.

As we commemorate this milestone, let us reaffirm our commitment to the principles that have guided Macao’s journey and embrace the opportunities that lie ahead. The future is bright for Macao, and with a united vision, it will continue to flourish as a vital part of the Chinese nation

Moreover, the two regions can work together to promote cultural ties. Joint cultural events, festivals and educational exchanges can foster a deeper understanding and appreciation of each other’s heritage. This cultural collaboration not only strengthens regional identity but also promotes a sense of unity and shared purpose among the people.

Macao’s integration into the national development strategy is crucial for both its own growth and that of the mainland. As the country embarks on its next phase of development, Macao’s unique position as a gateway between the Chinese mainland and the rest of the world can be instrumental. The SAR can play a pivotal role in facilitating trade, investment, and cultural exchanges, thereby contributing to the national goal of building a more open and inclusive economy.

Furthermore, Macao’s strength in tourism and hospitality can align with the mainland’s initiatives to enhance its soft power. By promoting Chinese culture and values through tourism, Macao can help elevate the country’s global image, attracting international visitors and fostering goodwill.

In addition, the development of the Guangdong-Hong Kong-Macao Greater Bay Area presents an unparalleled opportunity for Macao and Hong Kong to collaborate closely with mainland cities like Guangzhou, Shenzhen and Zhuhai. By participating in this regional development initiative, Macao can enhance its economic footprint and contribute to the overarching goal of creating a world-class economic zone.

Looking ahead, the future of Macao is filled with potential and opportunities. The new government is poised to implement policies that resonate with the aspirations of the people. A focus on innovation, sustainability and inclusivity will be central to Macao’s development agenda.

As the region continues to implement the “one country, two systems” principle, it is essential to ensure that governance remains transparent and accountable. Engaging with the community and addressing their concerns will be vital to building public trust and fostering a sense of ownership among residents.

Moreover, fostering a culture of innovation will be crucial for Macao to remain competitive. By investing in education, research, and technology, the SAR can cultivate a skilled workforce capable of driving economic diversification and growth. This emphasis on innovation will not only benefit Macao but also contribute to the broader goals of national development.

The 25th anniversary of the Macao SAR is a good occasion for celebrating the achievements of the past while looking forward to a promising future. As Macao continues to navigate the complexities of globalization and regional integration, the principles of “one country, two systems” will remain a guiding light.

The collaboration between Macao and Hong Kong presents a unique opportunity to harness their respective strengths for mutual benefit and national development. Together, they can contribute significantly to the mainland’s economic growth, ensuring that the ideals of unity, prosperity and cultural richness continue to thrive.

As we commemorate this milestone, let us reaffirm our commitment to the principles that have guided Macao’s journey and embrace the opportunities that lie ahead. The future is bright for Macao, and with a united vision, it will continue to flourish as a vital part of the Chinese nation.

The author is a member of the Fujian Provincial Committee of the Chinese People’s Political Consultative Conference, and head of the Functional Constituency Committee.

The views do not necessarily reflect those of China Daily.