Institutional innovation to facilitate Macao better integrate with National Development – by Professor Kai Chung, Tong, President of Macau Institute of Management

Institutional innovation to facilitate Macao better integrate with National Development – by Professor Kai Chung, Tong, President of Macau Institute of Management

The recently released Master Plan of Guangdong-Macao Intensive Cooperation Zone in Hengqin (hereinafter referred to as “the Plan”) is a significant initiative of the Central Government to support the development of Macao. It aims to the Macao economy diversification and injects fuel into the “One country, two systems” as well as ensure its sustainability.
 
Macao’s economy is micro-scaled and…

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