【Ministry of Commerce: Will actively play the role of the Mainland and Macao Economic and Trade Cooperation Committee, supporting Macao's economic development and improving people's livelihoods】 Jin Shi Data, December 12 - On December 12, the Ministry of Commerce held a regular press conference. Spokesperson He Yadong stated that in the 25 years since Macao's return to the motherland, the economic and trade exchanges and cooperation between the Mainland and Macao have continuously deepened, improved in level, and expanded in areas. We have established and improved cooperation mechanisms with the Macao Special Administrative Region Government in the field of economic and trade, and through signing (arrangements for establishing closer economic and trade relations) (CEPA) and its series of agreements, the Mainland has fully realized the liberalization of goods trade with Macao and has basically achieved the liberalization of service trade. According to statistics, in 2023, the trade volume between the Mainland and Macao reached 3.84 billion USD, an increase of 4.3 times compared to before the return. As of October 2024, the Mainland has cumulatively absorbed direct investment from Macao totaling 23.93 billion USD, and the Mainland's direct investment in Macao reached 14.19 billion USD. (Jiemian) (Source: Jin Shi Data)