By the 1550s, Portuguese entrepreneurs connected with the people of Macao to expand its potential to be a major trade hub with China, Japan, India, and Europe. The name evolved over time from “place of A Ma,” honouring the Goddess of Seafarers. Today, the temple still stands at the entrance to the Inner Harbour.
Macao’s position as a Special Administrative Region of the People’s Republic of China allows for growth and prosperity in modern times. Like Hong Kong, it benefits from the principle of “One Country, Two Systems.” Basking in economic success, Macao presently enjoys access to an excellent tourism industry, offering some of the best hotels, resorts, sports facilities, restaurants, and entertainment in the world. There is also booming development in textiles, footwear, electronics, toys, and financial services that welcome global investments to further enhance Macao.