Macau’s Secretary for Economy and Finance, Tai Kin Ip, has stepped down from his post. China’s State Council formally approved his removal following a request he submitted earlier to Chief Executive Sam Hou Fai.
In a statement issued on April 16, Tai said he had requested to resign for personal reasons. He expressed sincere gratitude to the Central People’s Government and the Chief Executive for their trust and support during his tenure and thanked civil servants across the economic and finance portfolio for their dedication and cooperation. Tai added that he would continue to support the Macau Special Administrative Region government and its development initiatives.
Born in Macau in June 1968, Tai holds a bachelor’s degree in economics from the Portuguese Catholic University, a certificate in Chinese public administration from Beijing Language and Culture University, and a master’s degree in government studies from the University of Saint Joseph in Macau.
Tai began his career at Macau’s Economic Bureau in October 1995, serving in various roles including senior technician and department director. He was deputy director from 2000 to 2016 and director from 2016 until December 2024, when he was appointed Secretary for Economy and Finance.
Throughout his career, he chaired multiple committees focused on industrial development, small and medium-sized enterprise support, youth entrepreneurship and technology policy. He also represented Macau in World Trade Organization trade policy reviews and participated in international forums including APEC and United Nations regional meetings.
No successor has yet been announced.
Tai began his public service career in 1995 and led Macau’s Economic Bureau for eight years before becoming secretary
