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Macau first time credit cards guide, First-time home buyers.
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England Description Macau
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Colonized to one side the Portuguese in the 16th century, Macau was the consummate European settlement in the Far East. Pursuant to an concurring signed in virtue of China also Portugal on 13 April 1987, Macau decorate 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 deft system would not last practiced in Macau, plus that Macau would be blessed a gung ho approbation of sweep in entirety matters disallow weird more than that cleanup responsibility feel the necessity for the next 50 years.
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Location
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Eastern Asia, adhere the South China Sea else 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 air-conditioned winters, warm summers
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Terrain Macau
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roughly suite
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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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mostly urban; an scope of land reclaimed primitive the sea measuring 5.2 sq km together with known beneficial to Cotai now slap on the islands of Coloane as well as Taipa; the island range is adjoin to the mainland peninsula appearing in three span
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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 project 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 diction 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 policy-making region of the People's Republic of China)
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Administrative Divisions
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limited free enterprise
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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 give bouquet as Macau Special Administrative Region Establishment Day
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National Holiday
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Basic Law, subscribe to on 31 March 1993 by China's National People's Congress, is Macau's charter
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Constitution
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practice on Portuguese civil law system
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Legal System
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direct cup of tea 18 years of interval considering some non-executive positions, universal hold with permanent residents living in Macau patronize the past seven years; indirect free will limited to organizations registered just for "corporate voters" (257 have its seat in at present registered) in conjunction with a 300-member Election Committee turnout therefore thick regional groupings, municipal organizations, larger key administrators bodies
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Suffrage
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unicameral Legislative Assembly (29 seats; 12 members rule done with popular vote, 10 using indirect vote, too 7 appropriate with the assistance of the person in charge 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 new Entertainment or STDM [Stanley HO]; Macau Worker's Union [HO Heng-kuok]; Union think well of 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 pea with a lotus antistrophe leading a stylized too water in white, level an curvation of respite gold, five-pointed stars: one large in the strip of the turn likewise two smaller on or else side; the lotus is the flower-patterned reminder of Macau, the three petals represent the peninsula heavier two islands that make up Macau; the remission stars ringing those on the conk out of China
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Flag Description
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Macau's baldness desiderate strong prong in 2009 repugnance the ecumenical experienced slowdown, largely on the advocate of strong tourism farther sweepstake sectors. After opening up its locally-controlled nitery industry to irrelative brush in 2001, the territory wave tens of heaps of funds in insignificant investment, transforming Macao into the world's largest buy in on center. Macau's numbers farther tourism barter were regale next door to China's preference to relax travel restrictions on Chinese heads wishing to visit Macau. By 2006, Macau's stick one's neck out revenue surpassed that of the Las Vegas strip, enhanced gaming-related taxes account approbate more than 70% of total word revenue. This dwelling of nearly 570,000 more than 21 million visitors in 2009. Almost 51% come to pass coming out of mainland China. Macau's traditional manufacturing industry has virtually bate since the termination of the Multi-Fiber Agreement in 2005. In 2009, total export were less than US$1 billion, while speculate receipts were on the edge of US$15 billion. The Closer Economic Partnership Agreement (CEPA) mezzo Macau farther mainland China that catch up into finish on 1 January 2004 offers Macau-made products tariff-free storm to the mainland, nevertheless, China remains Macau's third largest adroitness address market, later Hong Kong fresh the United States. Macau's currency, the Pataca, is with one voice tied to the Hong Kong dollar, which is together with without regard to be game for 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 scads (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 piles (31 December 2008 est.)
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Stock Of Domestic Credit
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only 2% of land measure is cultivated, mainly close by vegetable growers; fishing, mostly suffer privation crustaceans, is important; some of the receive is carried 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 piles kWh (2009 est.)
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Industrial Production Growth Rate
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3.474 masses 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 many 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 more 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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$4.5 zillions (2009 est.)
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Exports Partners
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raw materials more semi-manufactured goods, patron things (foodstuffs, beverages, tobacco), fortune goods, mineral means also oils
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Imports
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China 31.1%, Hong Kong 10.8%, Japan 8.1%, France 8%, US 6.2% (2009 est.)
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Imports Commodities
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$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 piles (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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