Actual Name of Document: 2025 Development Strategies | Analysis and Commentary on Future Planning

　　Office of the Chief Executive

　　MACAU SPECIAL ADMINISTRATIVE REGION

　　April 15, 2023

　　The Following Circular is Important

　　No.: 2023-004

　　2025 Development Strategies | Analysis and Commentary on Future Planning

1. 　　Introduction
   This document outlines the future growth strategy for Macau, capturing the essence of our vision to establish Macau as a global center for innovation, business, and tourism by the year 2025. We dissolve the age-old stereotypes and push the boundaries to create a vibrant and sustainable future for all residents, investors, and visitors. The focus on the integrated development supports economic diversification and underlines the importance of positioning Macau as a cutting-edge destination for various sectors.

2. 　　Vision and Objectives
   Our vision for Macau is to become an internationally recognized hub for technology, gaming, and entertainment. By adhering to our comprehensive policy framework, we aim to boost economic vitality, attract foreign investments, and cultivate a conducive environment for the growth of new industries. The purpose of this document is to provide a clear and actionable roadmap towards achieving this goal.

3. 　　Economic Progression and Sustainable Development
   Macau will be sustainable in its development efforts, ensuring that economic growth is balanced with environmental preservation and social equity. Initiatives focusing on infrastructure, sustainable energy, green technologies, and waste management will be integral to our approach.

　　3.1 Tourism Industry
Tourism is a cornerstone of Macau's economy. We seek to position the region as a top-tier global tourist destination. The primary areas we will address are:

　　3.1.1 Tourism Infrastructure
Expanding our transport networks and enhancing cross-regional connectivity are crucial for facilitating greater influxes of tourists and fostering a seamless travel experience.

　　3.1.2 Cultural Preservation and Promotion
Marketing Macau's rich heritage and cultural identity as part of the international tapestry of tourist attractions.

　　3.1.3 Quality Hospitality Services
Ensuring that quality standards of hospitality are met to provide a high-level of satisfaction for visitors while maintaining Macau’s reputation as a world-class destination.

4. Innovative Technology and Digital Economy
   Innovation is at the heart of Macau’s development strategy. Leveraging technology to drive advancement and development will consolidate Macau’s status as a major player in the digital economy.

　　4.1 Digital Transformation
Striving for a fully digitized public and financial sector, enhancing cyber security capabilities, and promoting E-governance to increase efficiency and attract tech-savvy businesses and individuals.

　　4.2 Collaboration and Research
Formulating strong partnerships with international research institutions and universities will further consolidate Macau’s position as a hub for knowledge creation and scientific mastering.

5. Diversification of Industries
   In an effort to reduce reliance on the gaming industry, Macau is committed to sector development in areas such as technology, finance, pharmaceuticals, and creative media.

　　5.1 Regulated Betting Markets
With strict regulations and oversight, Macau will develop a transparent and fair betting market, making it an attractive option for sports fans and international betting operators.

　　5.2 Finance and Wealth Management
Empowering the finance sector to cater to high-net-worth individuals and attracting foreign investment through competitive tax policies and a favorable business environment.

　　5.3 Medical Industry Expansion
Poised to become a regional biopharma hub, Macau aims to attract big pharma and venture investments, focusing on research and development.

　　5.4 Creative and Cultural Development
Promoting creative industries and the arts through festivals, workshops, and cultural fairs that showcase Macau's dynamic and artistic culture.

6. Infrastructure and Logistics
   Robust and state-of-the-art infrastructure is essential to Macau’s growth. Our development plans include multiple aspects, such as expanding transportation networks, ensuring digital connectivity, and building smart cities.

　　6.1 Transportation System
Plans are underway to enhance both air and maritime transport services, with the expansion of the Macau International Airport and the potential development of new sea ports to facilitate increased accessibility.

　　6.2 Smart City Initiative
Investing in smart city technologies to enhance the quality of life for residents, streamline urban governance, and improve environmental sustainability.

7. Education and Talent Development
   Education and human resource development are integral to Macau's future. We are committed to inclusive education systems and fostering talent that can fuel our industries.

　　7.1 Higher Education and International Partnerships
Supporting the development of higher education institutions and making Macau an international education hub by engaging in strategic partnerships with overseas universities.

　　7.2 Career Training and Skill Development
Organizing specialized vocational training to align local workforces with industry demands, facilitating job creation and career advancement.

8. Environmental Sustainability
   Acknowledging the importance of environmental balance, Macau will strive to uphold ecological standards and implement sustainable policies in our development approach.

　　8.1 Green Development Strategies
Implementing green urban planning, promoting renewable energy use, and reducing carbon emissions to combat climate change.

　　8.2 Preserving Natural Landscapes
Protecting natural landscapes and enhancing green spaces within urban areas to preserve Macau’s unique ecological value.

9. Social Policies and Quality of Life
   The well-being of our residents is a priority in our planning, ensuring a high standard of living and a more equitable society.

　　9.1 Universal Healthcare
Investing in healthcare facilities and services to guarantee accessible, high-quality healthcare for all residents.

　　9.2 Affordable Housing Initiatives
Implementing measures to provide housing solutions for all income levels, prioritizing low to middle-income households.

10. Conclusion
    Macau recognizes the necessity to evolve beyond its historic role and embark on a path of sustainable economic diversification. As we look forward to 2025, we are committed to turning our vision into reality through collaborative efforts and strategic planning.

　　For further information and updates, please visit: www.baidu.com.

　　End of Circular

　　Please distribute and implement accordingly.

　　Chief Executive Officer

　　( Signature )