Chinese President Xi Jinping emphasized the need for Macau to pursue economic diversification beyond its casino reliance, pointing out the importance of fostering new industries with competitive advantages in the global market.
Macau has transformed from a quiet locale to a major tourist destination known as the 'Las Vegas of the East,' with significant GDP growth, reaching $68,000 per capita.
The public sentiment in Macau is divided; while some residents benefit from jobs and cash payments from gaming taxes, others express concerns about overcrowding and the impact of gambling culture.
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