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Macao holds cultural performances to celebrate 25th anniversary of its return to motherland

China

China

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Macao holds cultural performances to celebrate 25th anniversary of its return to motherland

2024-12-16 16:11 Last Updated At:16:47

Cultural performances were staged on Sunday at a major park in the Macao Special Administrative Region to celebrate the 25th anniversary of its return to the motherland.

The performances were held by the Macao Federation of Trade Unions (FAOM), an association with a long history of patriotic traditions. The program included songs by well-known singers, dances by children and professionals, and poetry recitations.

"In the future, we will better stabilize the development of 'one country, two systems' and move forward steadily. Then we will also develop our traditional patriotic spirit as a Macao community, leading our people and residents to better embrace the country and integrate into the overall development of our country," said Chio Lan Ieng, vice president of FAOM.

Audiences said Macao has made great progress in society, economy, and education over the last quarter-century under the "one country, two systems" policy.

"Macao youth can also expand their knowledge and have a better understanding of the Guangdong-Hong Kong-Macao Greater Bay Area (GBA). Then, in the future, they can work in the GBA or make some contributions to the region. These are all contributions to our country," said Ng Chi Cheng, a student at the region's Lou Hau High School.

"After Macao's return to the motherland, every one of us is very excited. Macao is not only improving economically, but also in terms of environment and education. We feel happy every day. I hope we can witness a better life and see our Macao getting better and better," said resident Chan Mei Ieng.

Spanning 56,000 square kilometers, with a total economic output of over 14 trillion yuan (around 1.92 trillion U.S. dollars) in 2023, the GBA encompasses the Hong Kong and Macao special administrative regions, along with nine cities in south China's Guangdong Province.

Macao holds cultural performances to celebrate 25th anniversary of its return to motherland

Macao holds cultural performances to celebrate 25th anniversary of its return to motherland

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Decline in China's housing prices narrows in November

2024-12-16 16:17 Last Updated At:16:37

The commodity housing prices saw an obviously narrowing decline in all tiers of cities across China in November, according to data released by the National Bureau of Statistics on Monday.

The data shows that in November, the sales prices of newly built commodity housing in China's first-tier cities remained flat, compared with a 0.2-percent monthly decline in the previous month. Among them, the prices in Shanghai and Shenzhen increased by 0.6 and 0.3 percent respectively, while Beijing and Guangzhou saw a decline of 0.5 and 0.3 percent, respectively.

The sales prices of previously-owned residential properties in first-tier cities rose 0.4 percent month on month, with that of Beijing, Shanghai and Shenzhen rising 0.9 percent, 0.4 percent and 0.5 percent, respectively.

In November, the sales prices of newly built commodity housing in second-tier cities fell by 0.1 percent month on month, narrowing from a 0.5-percent decrease in the previous month; the sales prices of pre-owned residential properties fell by 0.2 percent month on month.

The sales price of newly built commodity housing in third-tier cities fell by 0.3 percent month o -month, and that of pre-owned residential properties fell by 0.5 percent month on month.

Among the 70 large and medium-sized cities across China, 17 saw an monthly increase in the sales prices of newly built commodity housing, 10 more than in the previous month; 10 cities saw an increase in the prices of pre-owned housing, two more than in the previous month.

On a yearly basis, the sales price of newly built commodity housing in first-tier cities fell by 4.3 percent year on year, with the decline narrowing by 0.3 percentage points from the previous month. Among them, the prices of Beijing, Guangzhou and Shenzhen fell by 5.3 percent, 9.9 percent and 7.1 percent respectively, while that of Shanghai rose by 5 percent.

The sales price of pre-owned properties in first-tier cities fell by 8 percent year on year, with the decline narrowing by 1.6 percentage points. Among them, Beijing, Shanghai, Guangzhou and Shenzhen fell by 6.2 percent, 4.9 percent, 11.9 percent and 9 percent, respectively.

In November, the sales price of newly built commodity housing in second-tier cities fell by 5.8 percent year on year, and that of pre-owned properties saw a yearly decline of 8.4 percent.

The sales price of newly built commodity housing in third-tier cities fell by 6.5 percent year on year, and that of pre-owned properties fell by 8.8 percent.

Decline in China's housing prices narrows in November

Decline in China's housing prices narrows in November

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