Lei: Macau exerting efforts to advance development of

Secretary for Economy and Finance Lei Wai Nong pointed out in his speech at the opening ceremony of the 2023 Guangdong-Hong Kong-Macao Greater Bay Area Fair for Trade in Services that as a pivotal part of the Greater Bay Area, Macau is making continuous efforts to advance the integrated development of digital technology and trade in services.

With the promotion and development of digital technology, the total import and export volume of trade in services in the first three quarters of this year saw a year-on-year increase of 151%. The new trend emerging in trade in services, coupled with the launch of the “1+4” industrial development policy, “will create a better environment for the further development of trade in services and the digital economy,” according to Lei.

The government has organised for over 20 representatives from an assortment of sectors, including trade, conventions and exhibitions, finance, e-commerce, traditional Chinese medicine, science and technology, tourism, marketing, logistics, import and export, to visit the fair.

The Guangdong-Hong Kong-Macao Greater Bay Area Forum on MICE Tourism Economy, as part of the multi-venue event, will be held at the Galaxy International Convention Center today, where a number of experts in the sector from China and overseas will discuss the pressing issues and development paths of MICE trade and map out new strategies to fuel innovation in the sector. Staff Reporter