Over the past 25 years since Macao's return to the motherland, the practice of “one country, two systems” with Macao characteristics has achieved remarkable success, garnering worldwide attention. Macao has experienced leapfrog economic development and made comprehensive progress across various sectors, achieving the best ever development in history. It has embarked on a path that continues to serve as a “window, bridge, and international channel” for Chinas opening to the world, while leveraging its “traditional characteristics” and “geographical advantages” as a “super contact person”. Macao has also comprehensively promoted appropriately diversified and sustainable economic development with the goal of building “one center, one platform, and one base”. This represents a new path of economic development that ensures sustained prosperity and stability, advancing the practice of “one country, two systems” with Macao characteristics in an innovative and steady manner. The theoretical and practical innovations of “one country, two systems” have been continuously enriched and deepened, offering rich and profound historical experiences and practical insights that merit careful review and reflection.