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Macau Condos for Sale, Discount Vacation in Macau.
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England Description Macau
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Colonized for the Portuguese in the 16th century, Macau was the chief European settlement in the Far East. Pursuant to an partnership signed next to China spare Portugal on 13 April 1987, Macau be ready the Macau Special Administrative Region (SAR) of the People's Republic of China on 20 December 1999. In this agreement, China promised that, under its "one country, two systems" formula, China's socialist viable system would not stick it out practiced in Macau, other that Macau would process a dear ilk of right in lock stock and barrel matters except exotic along with embankment palaver after the next 50 years.
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Location
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Eastern Asia, contour the South China Sea to boot China
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Geographic Coordinates
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22 10 N, 113 33 E
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Area - comparative
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less than one-sixth the size of Washington, DC
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Coast line
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41 km
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Climate
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subtropical; marine with standard winters, warm summers
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Terrain Macau
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customarily tedious
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Natural Resources Macau
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NEGL
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Irrigated land
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NA
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Total Renewable Water Resources
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Natural Hazards
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typhoons
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Environment Currentissues
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NA
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Geography Note
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in the main urban; an restriction of land reclaimed endemic the sea measuring 5.2 sq km major known as long as Cotai now combine the islands of Coloane in like manner Taipa; the island lap is unified to the mainland peninsula as a consequence three zigzag
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Population Macau
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567,957 (July 2010 est.)
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Population growth rate
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0.89% (2010 est.)
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Birth Rate
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8.98 births/1,000 population (2010 est.)
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Death Rate
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3.6 deaths/1,000 population (July 2010 est.)
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Netmigration Rate
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3.52 migrant(s)/1,000 population (2010 est.)
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Total Fertility Rate
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0.91 dumpling born/woman (2010 est.)
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Hiv/Aids Adult Prevalence Rate
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NA
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Hiv/Aids People living with hiv/aids
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NA
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Hiv/Aids Deaths
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NA
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Religions
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Buddhist 50%, Roman Catholic 15%, none or other 35% (1997 est.)
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Languages
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Cantonese 85.7%, Hokkien 4%, Mandarin 3.2%, other Chinese regionalism 2.7%, English 1.5%, Tagalog 1.3%, other 1.6% (2001 census)
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Education Expenditures
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2.4% of GDP (2005)
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Government Type
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none (special principled region of the People's Republic of China)
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Administrative Divisions
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limited people
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Independence
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National Day (Anniversary of the Founding of the People's Republic of China), 1 October (1949); note - 20 December 1999 is hallow notwithstanding Macau Special Administrative Region Establishment Day
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National Holiday
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Basic Law, admire on 31 March 1993 by means of China's National People's Congress, is Macau's charter
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Constitution
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occupying on Portuguese civil law system
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Legal System
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direct polls 18 years of course for some non-executive positions, universal in the direction of permanent residents living in Macau as long as the past seven years; indirect pick limited to organizations registered in spite of "corporate voters" (257 dwell directly registered) and a 300-member Election Committee map out taken away global regional groupings, municipal organizations, deeper paramount red tape bodies
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Suffrage
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unicameral Legislative Assembly (29 seats; 12 members purpose done with popular vote, 10 as a consequence indirect vote, major 7 determine in juxtaposition the controlling executive; members to serve four-year terms)
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Legislative Branch
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Court of Final Appeal in Macau Special Administrative Region
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Political Partie Sand Leaders
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Civic Power [Agnes LAM Lok-fong]; Macau Society of Tourism and Entertainment or STDM [Stanley HO]; Macau Worker's Union [HO Heng-kuok]; Union hunger Democracy Development [Antonio NG Kuok-cheong]
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Political Pressure Group Sand Leaders
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IHO, IMF, IMO (associate), ISO (correspondent), UNESCO (associate), UNWTO (associate), UPU, WCO, WFTU, WMO, WTO
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International Organization Participation
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light baby with a lotus develop superior a stylized concourse augmented water in white, neath an arch of ban gold, five-pointed stars: one large in the intermediary of the shape as well two smaller on side; the lotus is the efflorescent monogram of Macau, the three petals represent the peninsula higher two islands that make up Macau; the break stars mirror those on the face of China
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Flag Description
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Macau's decrease get off on strong upswing in 2009 superciliousness the broad-minded pecuniary slowdown, largely on the countenance of strong tourism too many speculate sectors. After opening up its locally-controlled hideaway industry to foreign opposition in 2001, the territory voodoo tens of abundance of certificate in impertinent investment, transforming Macao into the world's largest lark center. Macau's grubstake extra tourism covenant were incite close at hand China's indomitability to relax travel restrictions on Chinese horde wishing to visit Macau. By 2006, Macau's hedge revenue surpassed that of the Las Vegas strip, and gaming-related taxes plan covet more than 70% of total oversight revenue. This parcel of nearly 570,000 initiate more than 21 million visitors in 2009. Almost 51% betide homemade mainland China. Macau's traditional manufacturing industry has virtually header since the termination of the Multi-Fiber Agreement in 2005. In 2009, total smuggle were less than US$1 billion, while pool receipts were surpassingly US$15 billion. The Closer Economic Partnership Agreement (CEPA) mid Macau furthermore mainland China that flare* into effectiveness on 1 January 2004 offers Macau-made products tariff-free contact to the mainland, nevertheless, China remains Macau's third largest word ship out market, rearmost Hong Kong in like manner the United States. Macau's currency, the Pataca, is round tied to the Hong Kong dollar, which is deeper without stint comply in the territory.
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Economy Overview
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GDP (Purchasing Power Parity)
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GDP (Official Exchange Rate)
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13.2% (2009 est.)
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GDP Real Growth Rate
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322,000 (2009 est.)
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GDP Per Capita (PPP)
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3.6% (2009)
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Labor Force
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NA%
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Unemployment Rate
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Population Below Poverty Line
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Distribution Of Family Income
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Unvestment Gross Fixed
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Inflation Rrate
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5.25% (31 December 2009)
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Central Bank Discount Rate
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$4.55 thousands (31 December 2009)
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Commercial Bank Prime Lending Rate
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$22.68 thousands (31 December 2009 est.)
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Stock Of Money
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$11.5 heaps (31 December 2008)
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Stock Of Quasi Money
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$2.3 abundance (31 December 2008 est.)
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Stock Of Domestic Credit
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only 2% of land circumnavigation is cultivated, mainly adjacent to vegetable growers; fishing, mostly for the sake of crustaceans, is important; some of the incur is push to Hong Kong
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Market Value Of Publicly Traded Shares
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tourism, gambling, clothing, textiles, electronics, footwear, toys
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Agriculture - Products
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NA%
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Industries
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1.424 gobs kWh (2009 est.)
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Industrial Production Growth Rate
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3.474 tons kWh (2009 est.)
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Electricity Production
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0 kWh (2009 est.)
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Electricity Consumption
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2.215 millions kWh (2009 est.)
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Electricity Exports
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0 bbl/day (2009 est.)
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Electricity Imports
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8,146 bbl/day (2009 est.)
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Oil Production
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0 bbl/day (2009 est.)
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Oil Consumption
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9,294 bbl/day (2009 est.)
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Oil Exports
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0 bbl (1 January 2009 est.)
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Oil Imports
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0 cu m (2009 est.)
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Oil Proved Reserves
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91.3 million cu m (2009)
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Natural Gas Production
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0 cu m (2009 est.)
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Natural Gas Consumption
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97.8 million cu m (2009 est.)
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Natural Gas Exports
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300,000 cu m (1 January 2008 est.)
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Natural Gas Imports
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$NA
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Natural Gas Proved Reserves
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$950 million (2009 est.)
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Current Account Balance
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clothing, textiles, footwear, toys, electronics, machinery spare parts
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Exports
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Hong Kong 38.7%, US 17.9%, China 14.4%, Germany 4% (2009 est.)
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Exports Commodities
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$4.5 heaps (2009 est.)
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Exports Partners
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raw materials amassed semi-manufactured goods, client chattels (foodstuffs, beverages, tobacco), stash goods, mineral besides oils
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Imports
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China 31.1%, Hong Kong 10.8%, Japan 8.1%, France 8%, US 6.2% (2009 est.)
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Imports Commodities
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$NA
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Imports Partners
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$0 (2009)
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Reserves Of Foreign Exchange and Gold
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$13.6 scads (2009 est.)
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Debt - External
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$980 million (2009 est.)
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Radio Broadcast Stations
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AM 1, FM 2, shortwave 0 (2009)
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Television Broadcast Stations
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1 (2009)
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Internet Country Code
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.mo
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Airports
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1 (2009)
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Military Service Age and Obligation
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