Macau will be part of new Silk Road initiatives launched by China

26 March 2015

The Commissioner of the Chinese Ministry of Foreign Affairs, in Macau, Hu Zhengyue said the Macau Special Administrative Region (MSAR) will be part of the economic initiative launched by President Xi Jinping called “One Belt, One Road”.

Hu Zhengyue said during a meeting with journalists on Wednesday that the participation of Macau and Hong Kong in this Chinese initiative will be announced in the next few days.

Commissioner Hu noted that more than 50,000 Macau residents are from Southeast Asian countries, who have returned to the territory with their families, which is an advantage for Macau in relation to this project.

The “Silk Road Economic Belt,” which is intended to connect China to Europe by land via Central and West Asia and the “21t Century Maritime Silk Road”, which aims to link China by sea through the Strait of Malacca to India, the Middle East and East Africa, are new strategies for global economic development announced in 2013 by the Chinese president.

China Radio International (CRI) reported Monday that the Chinese central government is expected to announce details of the plan during the meeting of the Boao Forum to be held on 28 March in Hainan, southern China, which will be attended by the Macau Chief Executive, Chui Sai On.

Commissioner Hu also told reporters that Beijing would continue to support Macau’s role as an economic platform in the relationship between China and the Portuguese-speaking countries and the project of turning the territory into a world centre for tourism and leisure. (macauhub/MO/CN)