Home > > Macau’s economy likely to recover in Nov-Dec due to large-scale events and stable Covid-19 situation – Association

Macau’s economy likely to recover in Nov-Dec due to large-scale events and stable Covid-19 situation – Association

11/19/2021| 12:25:23 PM|

So far the cases in mainland China are mainly from the northern part of China.

Macau’s economy is likely to rebound in November and December due to the opening of large-scale events and stable pandemic situation, according to the Macau Economic Prosperity Index Report published by the Macau Economic Association.

The report says that large-scale events in November and December – including tyhe 68th Macau Grand Prix, 21st Macau Food Festival, Tour Macau FUN Fair, 2021 Macau Light Festival, Light Up Macau Drone Gala – will bring some “hope” to the local economy.

Due to the continuing stabilized pandemic situation and increasing rate of vaccination, the number of tourists is expected to gradually increase, helping to restore the vitality of Macau’s economy.

The research group says that the recent outbreak of COVID-19 in mainland China will not have a significant impact on Macau since the official figure shows that most of the tourists are from Guangdong Province, especially the nine cities in the Greater Bay Area.

Read original article

TAGS: Macau | mainland China | travel
©2021 广州力矩资讯科技有限公司 粤ICP备06070077号
Tell us more about yourself!