Macau to Celebrate 20th Anniversary | 19 Dec 2019
Why in News
Macau celebrated the 20th Anniversary since the former Portuguese colony was returned to China.
- The Macau Special Administrative Region (MSAR) is an integral part of China and example of China’s "one country, two systems" model.
- "One country, two systems" is a constitutional principle describing the governance of Hong Kong and Macau since they became regions of China in 1997 and 1999, respectively.
- Administration: It does not practice China's socialist economic system. Also, it enjoys a high degree of autonomy in all matters except foreign and defence affairs.
- Location: It is situated on the south-east coast of China near the mouth of the Pearl River. It is 60 kilometres from Hong Kong.
- Macau consists of the Macau peninsula and the two islands of Taipa and Coloane.
- Population: It is one of the most densely populated areas in the world.
- Economy: Macau is heavily dependent on the gambling industry with its casinos contributing about 80% of government income.