Core Viewpoint - The Chief Executive of the Macao Special Administrative Region, Ho Iat Seng, stated that the U.S. abuse of tariffs against China and other countries makes it difficult for Macao to remain unaffected, although direct impacts on goods trade and reserve investments are minimal [1] Group 1: Economic Impact - Tariffs will indirectly affect consumer spending among tourists [1] - Macao will actively develop international tourism markets [1] Group 2: Strategic Initiatives - Collaboration with enterprises in the Greater Bay Area to promote economic diversification [1]

Group 1 - The core viewpoint of the report emphasizes the need for Macau to adapt to both challenges and opportunities in the evolving international landscape, highlighting the importance of preparing for various risks and challenges [1][2] - Macau has achieved significant economic growth and social stability since its return to the motherland, but it still faces structural issues such as a single economic structure and imbalanced fiscal revenue [2][4] - The new government aims to enhance economic diversification and address deep-rooted contradictions by implementing practical solutions and promoting new development spaces [4][5] Group 2 - The report outlines the government's focus on "four key areas" and aims to strengthen the integration with the Hengqin Guangdong-Macau Deep Cooperation Zone to promote economic diversification [4] - There is a recognition of the need to improve public governance and enhance the effectiveness of governance to better serve the national development strategy [4] - The government plans to launch significant projects based on scientific analysis and broad consultation to address social and economic challenges, aiming to improve citizens' sense of participation and well-being [4]