Macaus

Macau’s development of the ‘smart city’ still on track

Macau’s development of the ‘smart city’ still on track

&nbsp The broad impact and long duration of the COVID-19 pandemic has dealt a severe blow to Macau’s service-export-oriented economy. Affected by travel restrictions and social distancing measures, GDP fell by more than 50 percent in 2020 and visitor arrivals decreased by 79.6 percent in the fourth quarter. Nowadays, the economy is still on a … Read more