Absrtact: Macao official statistics show that in the first quarter of this year, Macao's economic growth of 12.9%, for the second consecutive quarter of the economic growth, the decline in the fourth quarter of last year widened 5.3%. Its pillar industry gaming revenues fell 13%, with betting giants even on the verge of bankruptcy. Macao's economic growth in the first quarter of 12.9%, a second consecutive quarter of negative growth, the decline of 5.3%, pillar industry gambling revenue fell 13%, gambling giants on the brink of bankruptcy, Macao airport is increasingly scattered, the industry dismissed as "this should not be built" ——— the nineth session of the NPC Standing Committee will be held from 22 The University of Macau's cross-Qin campus will be discussed centrally. Macao, which seems to have long been forgotten by the economic circle of the city, this time the attention to jump back to the eyes of people. And the attention behind, with hard. Macao's economy recorded a negative growth of 12.9% in the first quarter of this year, with an increase of 5.3% in the second consecutive quarter, according to official statistics. Its pillar industry gaming revenues fell 13%, with betting giants even on the verge of bankruptcy. And Macau Airport, this seeing-off thousands of tourists, supporting its tourism, also increasingly scattered, by the industry dismissed as "should not be built." In the midst of crisis, Macao strives to move closer to the PRD and seek a way out. On the basis of Macao's actual situation, Macao's economic and trade development will be moderately diversified and the development of Macao should be improved, Chen Limin, director of Macao's Administrative Law division, said June 16. What about Macao's economy? Macao is a miniature economy with limited resources and a narrow market. Macao Airport occupies a small proportion of the land in Macao, which plays an important role in Macao's economic development. Macao after the decline of the airport, Macau's economy? The Nineth meeting of the NPC Standing Committee will be held from 22 to 27th, and the campus of the University of Macau will be discussed, and will the development of the Macao economy bring much space for development? For the Macao economy, which has a 12.9% per cent decline in the first quarter, these are questions to be answered. Macao Airport can be rebuilt in Zhuhai during the two sessions of this year, the 11th session of the CPPCC, Macao Enriki Co., Ltd. General manager Li Jia, as the situation changes, Macau airport may not necessarily be set on the land in Macau. She analyses that Macao airport is faced with business problems, but it occupies a lot of valuable land resources. If we can integrate with the relevant enterprises in the mainland and rebuild in Zhuhai, we can make room for the development of Macao. and such integration and redevelopment, Macau and Zhuhai will benefit. In fact, not only the airport, Macao's other pillar industries have been severely impacted, Macao's economy is very bleak. Macao's economic growth in the first quarter of this year was 12.9%, with a second consecutive quarter of negative growth, compared with a 5.3% increase in the fourth quarter of last year, according to Macau's official figures. As Macao's main industry, the gaming industry has fallen steadily from the end of last year. Macau's gambling revenue in the first quarter of this year was 26.2 billion per cent, down13%. The casino's Macao Sands Group has had to lay off workers, while MGM Mirage, the parent of MGM Mirage in Macau, has been saddled with debt and has been at risk of bankruptcy. Moreover, the mainland government strictly restricts officials ' visits to Australia, and restricts the frequency of travel of ordinary residents to Australia, which poses a constant pressure on Macao gaming industry. Under the economic downturn, Macau's tourism industry has also contracted severely. Statistics show that in the first quarter, excluding betting, passenger consumption decreased by 17%. In addition, despite the increase in government consumption expenditure, the introduction of small and medium-sized public works has led to the government's investment in construction and equipment growth, but can not offset the sharp decline in private investment. As some major projects have been suspended or slowed down, total capital expenditure contracted by 32%, and exports of goods have plunged by nearly half. The development of the piano has been a bleak one, and the Macao government is actively seeking a way out in response to the crisis. June 16, the Macao SAR government proposed to "a center, a platform" to develop a moderately diversified economic strategy. Macao's director of administrative and legal services, Chen Limin, said that, according to Macao's actual situation, in order to ensure the smooth development of the gambling industry, Macao's economy will be moderately diversified, actively participate in the Pearl River Delta, the development of Macao as the world's Leisure tourism Center and Regional trade Service platform. Chen Limin said that the Pearl River Delta Region Development Planning Outline (2008-2020) has positioned Macau as a world-class leisure and tourism centre. Macao will take part in the "Big Pearl River Delta Town Group coordinated Development Planning Study", which is jointly conducted by Guangdong, Hong Kong and Macao, to strengthen the development planning of the three-land space and urban agglomeration, and promote the docking and integration of urban construction and development. And through the implementation of the joint development of Guangdong and Macao, we can improve the space of Macao's urban development, so that the SAR government will actively promote the development of Guangdong and Macao to maximize its advantages. In addition, Macau will actively participate in the cultural industry cooperation between Hong Kong, Guangdong and Macao and develop cultural industries. This year, the three governments signed the "2009-2013 Hong Kong-Macao Cultural Cooperation framework". For the development of the piano, Li Jia suggested that the violin should break through the separate management mode of the trans-border industrial zone in Zhuhai and Macao, and adopt the management mode of Macao management, "one country, two systems", Zhuhai Office card and Macao beads to share revenue. Alternatively, the Government of Australia and Pearl would jointly organize a company to hire professionals to plan, co-ordinate and manage the development of Hengqindao. Geographical depth Macau Airport, the first one out? 16th, the total investment of 3.764 billion yuan in Jieyang Chaoshan Airport officially started construction, coupled with the imminent implementation of the civil-military combined Huizhou Airport, means that the large Pearl River Delta Airport reached 7. Heliki, director of the Hong Kong Logistics Management Association, told the newspaper that in the fierce competition, there is bound to be "redundant" was kicked out. The Macau airport, perhaps, will be the first to be "kicked" even. The latest quarterly report from Macau airport shows its passenger and freight volumes plunging for the 4th consecutive year. To deal with the crisis, Macao airport proposed environmental Protection Airport, Low-cost Aviation, open the sky and other methods, but in Heliki view, is futile, it will gradually shrink into a small airport. Deficient"Three links" after the loss of serious "Macau airport should not be built in the beginning." Heliki, director of the Hong Kong Logistics Management Association, said Macao airport is congenitally deficient and doomed to a bumpy development. Heliki analysis, although like Hong Kong is a tiny, Macao lags far behind Hong Kong. But the population of Macao is only 600,000, too few, the economy is not developed enough, the demand of local passenger cargo is very few, do not have the condition of building international airport. On the international demand side, Macau's international business is not enough, business exhibition and other aspects of the weak, some of which can also be transferred to Hong Kong. Macao's main industry is tourism and entertainment, and mainly rely on the mainland people used to spend. However, subject to the endorsement system, it is not convenient for mainlanders to go to Macau, which is not enough to form a fixed aviation demand. In the context of this shaky foundation, the Macao airport was still in operation in 1992 and opened in 1995. After the opening, Macao airport mainly rely on "cross-strait transit" passenger transport to maintain survival, and has been facing different challenges, such as the Asian financial crisis, events, SA RS and so on, these crises have led to the rapid decline in airport passenger cargo in the short term. After the cross-strait links, the Macao airport suddenly lost its pillar business, coupled with the financial crisis, the dismal even more. The three-links led to a fall in passenger traffic, and the decline will continue. In 2008, Macau's airport, which was 5.097 million passengers a year, fell 7.3%, while passenger and freight volumes fell by 22.8% per cent in the first quarter over a year earlier. Freight volumes also plunged, falling by about 40% per cent in 2008 and falling by nearly 60% in October alone, down 66.8% in the first quarter of this year. Affected by the decline in passenger cargo, Macau airport serious losses. 2008 Macao Airport total revenue fell 2.7% to 619 million of the Macao dollar, 08, the company's net losses increased 81.6% to 80.2 million yuan in Macao dollars. For this year, Macau airport may be more pessimistic, its annual report said "the 009 global financial turmoil will continue to spread, and will further affect the global and even the development of the aviation industry in Australia." In addition, other unforeseen adverse factors may occur at any time. It's hard to make a lot of adjustments. In fact, for its own disadvantage, Macau airport from the beginning to see very clearly. Helpless has been on the road, only struggling to survive. To this end, the Macao airport many times adjust the development strategy to adapt to change, but ultimately difficult to the enemy trend. In recent years, the Macau International Airport has tried to reduce the impact of the cross-strait links through the expansion of a wide range of short-haul routes, and has introduced some new airlines to minimise its reliance on Macao airlines. and gradual transformation, the development of Low-cost Aviation. By the end of last year, the passenger volume of low-cost routes accounted for more than 30% of the total airport passenger. But the lower price is also low but "0", after the cross-strait three-way, people no longer need to transit through the Macao airport. To this end, the Macao airport has proposed the construction of "Green airport" concept, the introduction of the most advanced drinking water equipment, to reduce the power consumption of each system, and continuously improve service quality. Its services are indeed good, and have won a professional international organization issued by the "Global AirlinesAir Cargo Excellence Award ". In addition, Macau airport is also actively organizing or participating in seminars to explore the way forward. One suggestion is to open up the skies and let the airport break through the transit role. However, Heliki said, Macao Airport is in fact already open the sky, "some people fly past they welcome too late, not to say block." "And by opening up the skies to improve the utilization of the airport, it doesn't make much sense in Heliki." Because the most important airport is flights, routes and passenger traffic. And for the "Low-cost Aviation" strategy, Heliki also not optimistic. He said that although Europe has done a very successful low-cost airlines, but Asia can not, in fact, there is no. This is because European airlines are more expensive, and those cheap airports are generally located on the edge of the city's main airport, which costs less. And Asian airlines are generally cheap, the airport is similar, it is difficult to open the gap. The road to a small airport more suitable for many times adjustment strategies are difficult to change the trend, then the exit of Macao airport? Heliki that its utilization rate will gradually be reduced to a small airport, mainly serving Macau's local tourism and entertainment industry. This may be difficult for the MSAR Government to accept. Before the cross-strait links, the MSAR government also plans to invest 6 billion Macau dollars to expand the Macau international airport to cope with future air traffic growth. After the expansion of the airport can be the world's largest passenger aircraft Airbus a 380 take-off and landing, and the airport passenger capacity to increase to 25 million passengers a year. But changes in the situation are likely to force the Macao airport to delay its expansion. The Asia-Pacific Aviation Center reported last December that the 2007 was probably the best year for Macau's airport, and it is feared that it will be a glorious one since then. The center expects the expansion of the Macau International Airport to be postponed. In terms of routes, Macao Airport spokesman said recently that airlines tend to focus on expanding the most important hubs of the route, the first choice will be the same in the Pearl River Delta region of Hong Kong and Guangzhou. In addition, the development of Macao's civil aviation industry will transition from "cross-strait transfer" to "serving the local and regional economy". Heliki said that this means that Macao airport will mainly serve Macau's tourism and entertainment industry, in the tourist season to develop charter business, into a small airport. This edition of our correspondent Sinling Interactive email: new SM anchen@126.com, Welcome to leave valuable comments
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