On September 11, 2025, a group of doctoral students from the Faculty of Finance at City University of Macau, visited the Monetary Authority of Macao (AMCM) for exchange and learning. Attendees from the Monetary Authority of Macau (AMCM) included Senior Officer Chan Sok I from the Financial Development Department, Senior Economic Researcher Choi Weng Tong and Assistant Economic Researcher Chan Weng Chun from the Research and Statistics Department, and Assistant Officer Lam Ion Sang from the Financial Development Department, Dean Adrian Cheung and Associate Dean Eva Khong of the Faculty of Finance, City University of Macau.

Mr. Chan Weng Chun, Assistant Economic Researcher of the Research and Statistics Department of the Monetary Authority of Macao (AMCM), gave a detailed introduction of the current status and main functions of AMCM. He pointed out that by the end of 2023, the financial sector accounted for 10% of the GDP, making it the third largest industry in Macao, after gaming and betting intermediation and real estate business. The Macao SAR Government promotes the coordinated development of the four key industries, namely modern finance, health, high-tech, and convention and exhibition business, culture and sports, through the “1+4” strategy of moderately diversified economic development. In recent years, Macau's financial industry has been diversifying, covering a wide range of areas such as banking, insurance, bond market, investment fund management and finance and leasing. Macau's financial industry is dominated by banks and insurance companies. A total of 102 financial organizations have obtained operating licenses, and the types and businesses of organizations are becoming increasingly diversified. In addition, Mr. Chan also mentioned that the AMCM, as the financial regulator of Macao, shoulders the important responsibility of maintaining the stability of the financial system and promoting market development, ensuring the stable operation of the market through its functions of currency issuance, reserve management and financial supervision. As at the end of July 2025, foreign exchange reserves amounted to MOP 233.7 billion, providing solid support for the stability of the Macao dollar.

Mr. Lam Ion Sang, Assistant Officer from the Financial Development Department of the Monetary Authority of Macao (AMCM), discussed the future development direction of Macao's financial industry and the strategy of talent cultivation around the theme of “Development Trend and Career Exploration of Macao’s Financial Industry”. He said that the AMCM will accelerate the nurturing of the bond market, promote innovation in cross-border insurance products and services, continue to promote finance leasing, develop wealth management business, promote the construction of a Sino-Portuguese financial services platform, expand the application of financial technology, encourage the creation of cross-border investment and financing platforms, promote the development of green finance. In addition, He emphasized that national policies and the construction of the Guangdong-Hong Kong-Macao Greater Bay Area have brought great opportunities to Macao's financial industry, and the SAR Government is actively promoting the development of modern finance, covering areas such as the bond market, wealth management and financing and leasing. Since the Macau bond market started to develop in 2018, its soft and hard infrastructure has been continuously improved, the bond market in Macao has gradually developed into an important bridge connecting the mainland and the international market, and will promote the regularization of the issuance of national bonds and local bonds in Macao in the future. The AMCM will accelerate the development of complex financial talents through pre-employment education, on-the-job training and professional qualifications.

The faculty and students of the Faculty of Finance expressed their gratitude to the Monetary Authority of Macao for its long-term support, including organizing and co-organizing various financial seminars, conferences, and training courses, helping to cultivate highly sought-after international financial talent. This visit provided the students with a clearer understanding of the current status and prospects of the Monetary Authority of Macao and the modern financial industry. They also gained a deeper understanding of the Financial Services Development Department and the Research and Statistics Department of the Monetary Authority of Macao, helping them to explore their future career paths.