Macau - Introduction 1992
top of pageBackground: Colonized by the Portuguese in the 16th century Macau was the first European settlement in the Far East. Pursuant to an agreement signed by China and Portugal on 13 April 1987 Macau will become the Macau Special Administrative Region (SAR) of China on 20 December 1999. China has promised that under its 'one country two systems' formula China's socialist economic system will not be practiced in Macau and that Macau will enjoy a high degree of autonomy in all matters except foreign and defense affairs.
Climate: subtropical; marine with cool winters, warm summers
Land use: arable land: 0%; permanent crops: 0%; meadows and pastures 0%; forest and woodland 0%; other 100%
top of pagePopulation: 473,333 (July 1992), growth rate 1.7% (1992)
Nationality: noun - Macanese (singular and plural; adjective - Macau
Languages: Portuguese (official; Cantonese is the language of commerce
Religions: Buddhist 45%, Roman Catholic 7%, Protestant 1%, none 45.8%, other 1.2% (1981)
Literacy: 90% (male 93%, female 86%) age 15 and over can read and write (1981)
top of pageGovernment type: overseas territory of Portugal; scheduled to revert to China in 1999
Independence: none (territory of Portugal; Portugal signed an agreement with China on 13 April 1987 to return Macau to China on 20 December 1999; in the joint declaration, China promises to respect Macau's existing social and economic systems and lifestyle for 50 years after transition
Constitution: 17 February 1976, Organic Law of Macau; basic law drafted primarily by Beijing awaiting final approval
Suffrage: universal at age 18
Legislative Assembly:last held on 10 March 1991; results - percent of vote by party NA; seats - (23 total; 8 elected by universal suffrage, 8 by indirect suffrage, and 7 appointed by the governor) number of seats by party
NA
Executive branch: President of Portugal, governor, Consultative Council (cabinet)
top of pageEconomy overview: The economy is based largely on tourism (including gambling) and textile and fireworks manufacturing. Efforts to diversify have spawned other small industries - toys, artificial flowers, and electronics. The tourist sector has accounted for roughly 25% of GDP, and the clothing industry has provided about two-thirds of export earnings; the gambling industry represented 36% of GDP in 1991. Macau depends on China for most of its food, fresh water, and energy imports. Japan and Hong Kong are the main suppliers of raw materials and capital goods.
GDP: exchange rate conversion - $3.1 billion, per capita $6,900; real growth rate 6% (1991 est.)
Agriculture products: rice, vegetables; food shortages - rice, vegetables, meat; depends mostly on imports for food requirements
Industries: clothing, textiles, toys, plastic products, furniture, tourism
Budget: revenues $305 million; expenditures $298 million, including capital expenditures of $NA (1989)
Imports: $1.8 billion (1990 est.)
Commodoties: raw materials, foodstuffs, capital goods
Partners: Hong Kong 39%, China 21%, Japan 10% (1987)
Exchange rates: patacas (P) per US$1 - 8.034 (1991), 8.024 (1990), 8.030 (1989), 8.044 (1988), 7.993 (1987; note - linked to the Hong Kong dollar at the rate of 1.03 patacas per Hong Kong dollar
top of pageMacau - Communication 1992
top of pagetop of pageMacau - Transportation 1992
top of pageAirports: none useable, 1 under construction; 1 seaplane station
Macau - Transnational issues 1992
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