Panel: Macao SAR 25 years on: What’s behind the success story?

World Today

It has been 25 years since Macao's return to the motherland.

Over the past quarter-century, the Macao Special Administrative Region has undergone a remarkable transformation. Once struggling economically, it is now an international free port with one of the world’s highest per capita GDPs and life expectancies.

During a gathering in Macao to mark the anniversary, Chinese President Xi Jinping says "one country, two systems" is a sound policy that must be adhered to for a long time.

What's behind Macao's success story over the past 25 years? How will Macao continue to diversify its economy and better integrate into China's broader development plans?

Host Zhao Ying is joined by Angus Chu, Distinguished Professor and Head of Department of Economics, University of Macau; Liu Baocheng, Director of the Center for International Business Ethics at University of International Business and Economics; Harvey Dzodin, Senior Fellow of the Center for China and Globalization.