People participate in the 25th Macao International Trade and Investment Fair (25th MIF) in Macao, South China, on Oct 22, 2020. [Photo/Xinhua]

MACAO — The inward direct investment to Macao jumped by 167.8 percent year-on-year to 53.99 billion patacas (about $6.76 billion) in 2019, the Special Administrative Region (SAR)”s statistic department said here on Wednesday.

The latest report from the Statistics and Census Service (DSEC) showed that inflows of direct investment in the gaming sector and financial activities totaled 43.31 billion patacas (about $5.43 billion) and 8.52 billion patacas (about $1.07 billion) respectively.

In 2019, inward direct investment income rose by 8.6 percent year-on-year to 80.33 billion patacas (about $10.06 billion).

Income earned by inward direct investors in the gaming sector, financial activities and the wholesale and retail sector grew by 6.1 percent, 5.2 percent and 1.9 percent respectively to 45.19 billion patacas (about $5.66 billion), 14.38 billion patacas (about $1.80 billion) and 8.28 billion patacas (about $1.04 billion) respectively.

At the end of 2019, the accumulated inward direct investment totaled 346.63 billion patacas (about $43.42 billion), up by 21.2 percent year-on-year.

Analyzed by industry, the accumulated inward direct investment in the gaming sector rose by 37.2 percent year-on-year to 181.21 billion patacas (about $22.70 billion).

The accumulated inward direct investment stock in financial activities grew by 12.8 percent year-on-year to 83.03 billion patacas (about $10.40 billion), with 57.7 percent of the capital coming from the Chinese mainland.

Via China Daily

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