Diversifying the structure of our economy is not only related to a valid concern for sustainability, but also our ability to generate new types of employment opportunity and ultimately, to maintain a high degree of social stability.
For a small and open economy like Macao that possesses a competitive tourism sector, we believe that diversification should be strictly based on the economic principle of comparative advantage. Macao should not arbitrarily divert its scarce resources to a large number of sectors simply for the sake of diversification.