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On 18 October 2018, Macau•China Diamond and Gem Exchange held an inauguration event as well as a signing ceremony with the Shanghai Diamond Exchange (SDE) and ICBC (Macau) at the 23rd Macao International Trade and Investment Fair (MIF). The event was attended by a number of guests including the Secretary for Economy and Finance Leong Vai Tac; Deputy Director-General of the Liaison Office of the Central People’s Government in the Macao SAR Yao Jian; Deputy Director-General of the Economic Affairs Department and Head of the Commercial Office of the Liaison Office of the Central People’s Government in the Macao SAR Li Huaying; President of the Macao Chamber of Commerce Kou Hoi In; President of the Macau Chinese Enterprises Association Li Zhizhong; Director of ICBC (Macau) Ltd Jiang Yisheng; President of SDE Lin Qiang and the Chairman of Macau•China Diamond and Gem Exchange Su Wei.

There is a growing demand for quality gemstones and diamonds in Mainland China, and there are abundant resources in the Portuguese-speaking Countries. The setup of the Diamond and Gem Exchange in Macao, along with Macao’s role as the Commercial and Trade Co-Operation Service Platform between China and Portuguese-speaking Countries, enable Portuguese-speaking Countries to expand their businesses into Mainland China and serve as a healthy way for the industry to grow well into the future.