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Description Macau
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Colonized bordering on the Portuguese in the 16th century, Macau was the lead off European settlement in the Far East. Pursuant to an companionship signed adjacent China including Portugal on 13 April 1987, Macau grow the Macau Special Administrative Region (SAR) of the People's Republic of China on 20 December 1999. In this agreement, China promised that, under its "one country, two systems" formula, China's socialist active system would not be practiced in Macau, moreover that Macau would enjoy a gutsy honor of enfranchisement in sum matters except peripheral along with bulwark gathering tilt toward the next 50 years.
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Location
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Eastern Asia, cinch the South China Sea wider China
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Geographic Coordinates
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22 10 N, 113 33 E
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Area - comparative
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less than one-sixth the size of Washington, DC
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Coast line
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41 km
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Climate
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subtropical; marine with ebb winters, warm summers
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Terrain Macau
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generally condo
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Natural Resources Macau
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NEGL
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Irrigated land
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NA
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Total Renewable Water Resources
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Natural Hazards
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typhoons
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Environment Currentissues
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NA
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Geography Note
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predominantly urban; an stretch of land reclaimed local the sea measuring 5.2 sq km besides known with regard to Cotai now ally the islands of Coloane still Taipa; the island turn is link to the mainland peninsula away three conjuncture
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Population Macau
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567,957 (July 2010 est.)
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Population growth rate
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0.89% (2010 est.)
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Birth Rate
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8.98 births/1,000 population (2010 est.)
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Death Rate
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3.6 deaths/1,000 population (July 2010 est.)
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Netmigration Rate
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3.52 migrant(s)/1,000 population (2010 est.)
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Total Fertility Rate
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0.91 sprout born/woman (2010 est.)
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Hiv/Aids Adult Prevalence Rate
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NA
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Hiv/Aids People living with hiv/aids
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NA
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Hiv/Aids Deaths
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NA
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Religions
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Buddhist 50%, Roman Catholic 15%, none or other 35% (1997 est.)
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Languages
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Cantonese 85.7%, Hokkien 4%, Mandarin 3.2%, other Chinese accent 2.7%, English 1.5%, Tagalog 1.3%, other 1.6% (2001 census)
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Education Expenditures
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2.4% of GDP (2005)
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Government Type
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none (special directing region of the People's Republic of China)
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Administrative Divisions
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limited body politic
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Independence
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National Day (Anniversary of the Founding of the People's Republic of China), 1 October (1949); note - 20 December 1999 is magnificent with respect Macau Special Administrative Region Establishment Day
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National Holiday
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Basic Law, usual on 31 March 1993 in virtue of China's National People's Congress, is Macau's charter
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Constitution
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set up on Portuguese decorous law system
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Legal System
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direct decision 18 years of run in behalf of some non-executive positions, universal backing permanent residents living in Macau lack the past seven years; indirect ticket limited to organizations registered in pursuance of "corporate voters" (257 superannuate right now registered) as well as a 300-member Election Committee pinched from galore regional groupings, municipal organizations, major central statecraft bodies
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Suffrage
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unicameral Legislative Assembly (29 seats; 12 members admit near popular vote, 10 by reason indirect vote, along with 7 set aside via the underlying executive; members to serve four-year terms)
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Legislative Branch
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Court of Final Appeal in Macau Special Administrative Region
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Political Partie Sand Leaders
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Civic Power [Agnes LAM Lok-fong]; Macau Society of Tourism furthermore Entertainment or STDM [Stanley HO]; Macau Worker's Union [HO Heng-kuok]; Union exact Democracy Development [Antonio NG Kuok-cheong]
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Political Pressure Group Sand Leaders
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IHO, IMF, IMO (associate), ISO (correspondent), UNESCO (associate), UNWTO (associate), UPU, WCO, WFTU, WMO, WTO
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International Organization Participation
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light gullible with a lotus fat supreme a stylized attach too many water in white, an curlicue of ban gold, five-pointed stars: one large in the focus of the skew moreover two smaller on several side; the lotus is the flowery logotype of Macau, the three petals represent the peninsula bounteous two islands that make up Macau; the pentagram stars get back to those on the weaken of China
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Flag Description
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Macau's pithiness take pleasure strong hike in 2009 malevolence the planetary masterly slowdown, largely on the after of strong tourism besides speculation sectors. After opening up its locally-controlled joint* industry to extrinsic competition in 2001, the territory tempt tens of loads of currency in unrepresentative investment, transforming Macao into the world's largest trust center. Macau's jockey more tourism vivacity were banquet up China's decision to relax travel restrictions on Chinese inhabitant wishing to visit Macau. By 2006, Macau's stake revenue surpassed that of the Las Vegas strip, furthermore gaming-related taxes account with regard to more than 70% of total dominion revenue. This hub of nearly 570,000 welcome more than 21 million visitors in 2009. Almost 51% total from mainland China. Macau's traditional manufacturing industry has virtually plummet since the termination of the Multi-Fiber Agreement in 2005. In 2009, total smuggle were less than US$1 billion, while give odds receipts were not quite US$15 billion. The Closer Economic Partnership Agreement (CEPA) medium Macau as well as mainland China that tower into do on 1 January 2004 offers Macau-made products tariff-free roll in to the mainland, nevertheless, China remains Macau's third largest mastery run contraband market, tail Hong Kong in like manner the United States. Macau's currency, the Pataca, is virtually tied to the Hong Kong dollar, which is over and above unhindered stand in the territory.
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Economy Overview
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GDP (Purchasing Power Parity)
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GDP (Official Exchange Rate)
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13.2% (2009 est.)
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GDP Real Growth Rate
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322,000 (2009 est.)
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GDP Per Capita (PPP)
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3.6% (2009)
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Labor Force
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NA%
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Unemployment Rate
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Population Below Poverty Line
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Distribution Of Family Income
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Unvestment Gross Fixed
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Inflation Rrate
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5.25% (31 December 2009)
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Central Bank Discount Rate
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$4.55 lots (31 December 2009)
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Commercial Bank Prime Lending Rate
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$22.68 plenty (31 December 2009 est.)
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Stock Of Money
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$11.5 thousands (31 December 2008)
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Stock Of Quasi Money
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$2.3 scads (31 December 2008 est.)
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Stock Of Domestic Credit
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only 2% of land zone is cultivated, mainly by virtue of vegetable growers; fishing, mostly supposing crustaceans, is important; some of the dock is go aboard to Hong Kong
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Market Value Of Publicly Traded Shares
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tourism, gambling, clothing, textiles, electronics, footwear, toys
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Agriculture - Products
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NA%
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Industries
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1.424 thousands kWh (2009 est.)
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Industrial Production Growth Rate
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3.474 large number kWh (2009 est.)
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Electricity Production
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0 kWh (2009 est.)
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Electricity Consumption
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2.215 heaps kWh (2009 est.)
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Electricity Exports
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0 bbl/day (2009 est.)
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Electricity Imports
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8,146 bbl/day (2009 est.)
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Oil Production
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0 bbl/day (2009 est.)
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Oil Consumption
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9,294 bbl/day (2009 est.)
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Oil Exports
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0 bbl (1 January 2009 est.)
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Oil Imports
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0 cu m (2009 est.)
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Oil Proved Reserves
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91.3 million cu m (2009)
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Natural Gas Production
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0 cu m (2009 est.)
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Natural Gas Consumption
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97.8 million cu m (2009 est.)
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Natural Gas Exports
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300,000 cu m (1 January 2008 est.)
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Natural Gas Imports
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$NA
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Natural Gas Proved Reserves
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$950 million (2009 est.)
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Current Account Balance
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clothing, textiles, footwear, toys, electronics, machinery heavier parts
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Exports
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Hong Kong 38.7%, US 17.9%, China 14.4%, Germany 4% (2009 est.)
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Exports Commodities
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$4.5 millions (2009 est.)
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Exports Partners
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raw materials other semi-manufactured goods, shopper furniture (foodstuffs, beverages, tobacco), champion goods, mineral hand in like manner oils
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Imports
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China 31.1%, Hong Kong 10.8%, Japan 8.1%, France 8%, US 6.2% (2009 est.)
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Imports Commodities
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$NA
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Imports Partners
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$0 (2009)
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Reserves Of Foreign Exchange and Gold
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$13.6 scads (2009 est.)
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Debt - External
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$980 million (2009 est.)
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Radio Broadcast Stations
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AM 1, FM 2, shortwave 0 (2009)
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Television Broadcast Stations
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1 (2009)
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Internet Country Code
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.mo
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Airports
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1 (2009)
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Military Service Age and Obligation
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