The Macau Polytechnic Institute (IPM) announced in an English-language statement yesterday that it held a forum on Macau’s appropriate economic diversification and sustainable development last month.

The statement noted that the event was one of the “key activities” in celebrating IPM’s 40^th anniversary. The statement noted that the forum discussed how Macau should improve its industrial structure, adapt its industrial layout, and coordinate policy implementation to encourage an appropriately diversified economy and attain long-term and sustainable development.

The statement added that IPM alumni were invited as guest speakers during the forum, namely Macau Responsible Gaming Association President Song Wai Kit, Youth Association of Returned Overseas Chinese Macau President Leung Sio Kei, and the assistant vice president of the investment banking department of a securities company in mainland China, Meng Zhanchen.

The statement said that Song analysed the “history and current situation of Macau’s gaming industry”, noting that the city should utilise the “Framework Agreement on Deepening Cooperation between Guangdong, Hong Kong and Macau to Promote the Construction of the Greater Bay Area” and the positioning of the “One Centre, One Platform, and One Base” approach.

Meanwhile, the statement pointed out that Leung was concerned about how young people could find “appropriate and diversified” directions for their personal development while integrating into society, advising young people to improve themselves in terms of “vision, interpersonal networks, social cognition and personal skills”.

The statement underlined that Meng, who participated in the forum online, encouraged students to “equip themselves, expand their horizons, and integrate into the overall national development in the future”, noting Macau’s favourable conditions and foundations for the development of “modern finance”, as well as for “developing the bond issuance market, corporate financing, and internationalisation of the yuan”.

The statement pointed out that the speakers also shared their experiences, answered students’ questions and encouraged them to study hard and contribute to Macau’s economic diversification and sustainable development. 

This handout photo provided by the Macau Polytechnic Institute (IPM) yesterday shows participants in the “Moderate Economic Diversity and Sustainable Development of Macao” forum held last month.