As 2025 concludes, Macao demonstrates remarkable progress in economic revitalization and governance restructuring under its sixth-term SAR government. The iconic Ruins of St. Paul’s bustled with year-end visitors, symbolizing the territory’s tourism recovery. Local businessman Mr. Lei reported a 10-20% sales increase at his traditional pastry shop, reflecting broader economic momentum.
The political landscape transformed through September’s Legislative Assembly elections, which implemented strengthened “patriots administering Macao” principles via updated electoral laws. The newly formed 33-member legislature features enhanced representation across demographics and professions while maintaining firm patriotic foundations. Macao Polytechnic University’s Yin Yifen notes this assembly will uphold constitutional responsibilities under the Basic Law while advancing the “one country, two systems” framework.
Economically, the “1+4” diversification strategy propelled substantial growth. Tourism metrics show impressive recovery with 36.49 million visitor arrivals in January-November 2025—a 14.4% year-on-year increase. Hotel occupancy rates climbed 3.9 percentage points, while non-gaming visitor spending grew 3.6%. Emerging sectors flourished as the Chongwa Financial Asset Exchange surpassed 1 trillion patacas in listed bond value, and major expositions like BEYOND Expo 2025 showcased technological advancement.
Macao’s GDP reached 301.33 billion patacas in the first three quarters, achieving 4.2% real growth. Macao Economic Association president Lao Pun Lap projects full-year growth exceeding 5%, citing stable indicators, sound fiscal operations, and low unemployment.
National integration accelerated through landmark events including Macao’s inaugural participation in the 15th National Games alongside Guangdong and Hong Kong. Athlete Kuok Kin Hang’s gold medal in karate highlighted this historic collaboration. The territory advanced the Guangdong-Macao In-Depth Cooperation Zone in Hengqin through new leadership structures, industrial development plans, and the groundbreaking of University of Macao’s Hengqin campus.
Legislator Lao Chi Ngai confirms Macao’s strengthened role in national development as “one center, one platform, and one base.” Future priorities include aligning Macao’s third Five-Year Plan with China’s 15th Five-Year Plan, ensuring continued high-quality growth and strategic contribution to national development objectives.