Macau - Introduction 1993
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.
Map reference:
Asia, Oceania, Southeast Asia, Standard Time Zones of the
World
Climate: subtropical; marine with cool winters, warm summers
top of pageLanguages: Portuguese (official), Cantonese is the language of commerce
Religions: Buddhist 45%, Roman Catholic 7%, Protestant 1%, none 45.8%, other 1.2% (1981)
Birth rate: 14.99 births/1000 population (1993 est.)
Death rate: 4.05 deaths/1000 population (1993 est.)
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 year after transition)
Constitution: 17 February 1976, Organic Law of Macau; basic law drafted primarily by Beijing awaiting final approval
Executive branch: president of Portugal, governor, Consultative Council (cabinet)
Diplomatic representationIn the us: as Chinese territory under Portuguese administration, Macanese interests in the US are represented by Portugal
From the us: the US has no offices in Macau, and US interests are monitored by the US Consulate General in Hong Kong
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 well over 40% of GDP in 1992. 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.
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: $2.0 billion (1992 est.)
Commodoties: raw materials, foodstuffs, capital goods
Partners: Hong Kong 35%, China 22%, Japan 17% (1991)
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 1993
top of pagetop of pageMacau - Transportation 1993
top of pageAirports: none useable, 1 under construction; 1 seaplane station
Macau - Transnational issues 1993
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