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Is Macau right for you?
The Macau Special Administrative Region, commonly known as Macau or Macao, was established on December 20, 1999, as one of the two special administrative regions (SARs) of the People's Republic of China (PRC), the other being Hong Kong. The territory lies on the western side of the Pearl River Delta, bordering Guangdong province in the north and facing the South China Sea in the east and south.
Population
Macau has a population of approximately 520,000.
Political Structure
Under the principle of "one country, two systems" articulated in the Basic Law of Macau, Macau enjoys a high degree of autonomy except in defence and foreign affairs. Macau officials, rather than PRC officials, run Macau through the exercise of separate executive, legislative, and judicial powers. Macau maintains its own separate currency, customs territory, immigration and border controls, and police force.
The chief executive is appointed by the People's Republic of China's central government. Election of the Chief Executive after election by an election committee, whose members are nominated by corporate and community bodies. The chief executive's cabinet comprise five policy secretaries. He is advised by an Executive Council that has between 7 and 11 members.
The legislative organ of the territory is the Legislative Assembly, a 29-member body comprising 12 directly elected members, 10 appointed members representing functional constituencies and seven members appointed by the chief executive. The Legislative Assembly is responsible for lawmaking and like many other legislatures, it has power to impeach the Chief Executive.
Infrastructure and Economy
Macau's economy is based largely on tourism, much of it geared toward gambling. In view of Macau's small population and limited land resources, the Government of Macau has launched a policy of close cooperation with the Pearl River Delta and the neighbouring Guangdong province while expanding trade contacts with the rest of the world. Other chief economic activities in Macau are export-geared textile and garment manufacturing, banking and other financial services.
Language
The primary languages are Chinese and Portuguese.
Currency
Legal tender in Macau is the Macanese pataca.
Law
Based on Portuguese civil law system.
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Disclaimer
The materials contained on this web page are provided for general information only and do not constitute any form of legal definition or advice. IFC Recruitment assumes no responsibility for the accuracy of any particular statement and accepts no liability for any loss or damage which may arise from reliance on the information contained on this site.
References
1. Wikipedia profile: Macau
2. CIA World Factbook entry: Macau
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