Chinese President Hu Jintao (胡錦濤) hailed Macau as an economic and political success story on the fifth anniversary of its return to China yesterday, while leveling criticism of the leadership in neighboring Hong Kong.
Praising Macau's transformation from a quiet Portuguese colony to Asia's booming gambling capital, Hu said the territory showed the success of the "one country, two systems" model drawn up by the late Chinese leader Deng Xiaoping (鄧小平).
The model, which was also used for the 1997 Hong Kong handover, has been presented as a template for Taiwan to return to Beijing's rule, though Hu made no mention of Taiwan in his speech.
"Time has proven that Deng Xiaoping's `one country, two systems' formula is perfectly accurate and it will continue to exhibit an immense power to live on," said Hu, speaking at the inauguration of Macau Chief Executive Edmund Ho (何厚鏵).
"Macau's return to China in the last five years has brought great improvements. Under the government of Chief Executive Edmund Ho ... it has overcome the Asian financial crisis, external economic changes, SARS and other challenges," he said.
Revitalized by a law passed two years ago to allow foreign investment in the gaming sector, Macau's casinos are thriving thanks to a surge in mainland Chinese tourists.
Analysts predict earnings at the more than 40 casinos that will be open by 2009 will easily surpass the US$7.5 billion which the casinos of US gambling paradise Las Vegas cleared last year.
Hu acknowledged however that it was inevitable that the blueprint, which saw Hong Kong and Macau returned to China, was facing some difficulties.
"We might also encounter some problems as the undertaking has never been tried before," he said. "We must correctly analyse and properly handle these problems."
The comments were directed at leaders in Hong Kong, with Hu telling Hong Kong Chief Executive Tung Chee-hwa (董建華), who was present at the ceremony, that he and senior officials had to improve their performance.
"Officials must be more concerned with the people of Hong Kong and push forward the economic development and improve government of the people of Hong Kong," he said in a dressing-down to the stony-faced Cabinet.
"Officials must also improve their capabilities and abilities to govern. The officials must turn back and look over the past seven years and find out what has gone wrong," Hu said.
A Hong Kong government spokesman played down Hu's criticism, and said the Chinese leader had been broadly supportive of the city's leaders.
Hu, meanwhile, praised Ho for tackling organized crime and promoting the economy.
"Today Macau enjoys social stability, sustained economic growth and a peaceful and contented population," Hu said.
Hu later left Macau for Beijing.
Ho was re-elected in September by an electoral college of political and business elites handpicked by Beijing.
In an apparent move to mitigate the embarrassment caused to his government, Tung told reporters that Hu had said Hong Kong was moving in the right direction and denied there was a crisis of governance.
Also see stories:
Taiwan has arranged for about 8 million barrels of crude oil, or about one-third of its monthly needs, to be shipped from the Red Sea this month to bypass the Strait of Hormuz and ease domestic supply pressures, CPC Corp, Taiwan (CPC, 台灣中油) said yesterday. The state-run oil company has worked with Middle Eastern suppliers to secure routes other than the Strait of Hormuz, through which about 20 percent of the world’s oil and liquefied natural gas typically passes, CPC chairman Fang Jeng-zen (方振仁) said at a meeting of the legislature’s Economics Committee in Taipei. Suppliers in Saudi Arabia have indicated they
A global survey showed that 60 percent of Taiwanese had attained higher education, second only to Canada, the Ministry of the Interior said. Taiwan easily surpassed the global average of 43 percent and ranked ahead of major economies, including Japan, South Korea and the US, data from the Organisation for Economic Co-operation and Development (OECD) for 2024 showed. Taiwan has a high literacy rate, data released by the ministry showed. As of the end of last year, Taiwan had 20.617 million people aged 15 or older, accounting for 88.5 percent of the total population, with a literacy rate of 99.4 percent, the data
CCP ‘PAWN’? Beijing could use the KMT chairwoman’s visit to signal to the world that many people in Taiwan support the ‘one China’ principle, an academic said Chinese Nationalist Party (KMT) Chairwoman Cheng Li-wun (鄭麗文) yesterday arrived in China for a “peace” mission and potential meeting with Chinese President Xi Jinping (習近平), while a Taiwanese minister detailed the number of Chinese warships currently deployed around the nation. Cheng is visiting at a time of increased Chinese military pressure on Taiwan, as the opposition-dominated Legislative Yuan stalls a government plan for US$40 billion in extra defense spending. Speaking to reporters before going to the airport, Cheng said she was going on a “historic journey for peace,” but added that some people felt uneasy about her trip. “If you truly love Taiwan,
NEW LOW: The council in 2024 based predictions on a pessimistic estimate for the nation’s total fertility rate of 0.84, but last year that rate was 0.69, 17 percent lower An expected National Development Council (NDC) report expects the nation’s population to drop below 12 million by 2065, with the old-age dependency ratio to top 100 percent sooner than 2070, sources said yesterday. The council is slated to release its latest population projections in August, using an ultra-low fertility model, the sources said. The previous report projected that Taiwan’s population would fall to 14.37 million by 2070, but based on a new estimate of the total fertility rate (TFR) — the average number of children born to a woman over her lifetime — the population is expected to reach 12 million by