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Last updated: November, 30, -0001
Average transaction price (residential) MOP/sq.m.
Macau. In order to enhance the response of provision of statistical information beneficial to the local economic and social development, it is necessary for reform of the operation foundation of the Statistical Information System of Macao (SIEM) after nearly twelve years of establishment. In addition, in order to observe the basic principles of official statistics recommended internationally, this Decree is set to set out appropriate sanctions which shall embody the principle of technical and purpose coordination, and safeguard the confidentiality and secrecy of statistics. As for the organization of SIEM, the responsibilities and representativeness of the Consultative Committee of Statistics shall be broadened so as to make the operation regulations of the Committee more easily understandable and to simplify the qualifying formalities and procedures for the organizations with authority to perform statistics.
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