the Macao Special Administrative Region the socialist system and socialist policies shall not be practised in the Macao Special Administrative Region and that the current social and eco- nomic systems and life-style in Macao shall remain unchanged for 50 years.
The Macao Special Administrative Region shall be directly under the authority of the Central People's Government of the People's Republic of China, and shall enjoy a high degree of autonomy, except in foreign and defence affairs which are the responsibilities of the Central People's Government. The Macao Special Administrative Region shall be vested with executive, legislative and independent judicial power, includ- ing that of final adjudication. The Central People's Govern- ment shall authorise the Macao Special Administrative Region to conduct on its own those external affairs specified in Sec- tion VIII of this Annex.
II
The executive power of the Macao Special Administrative Region shall be vested in the Government of the Macao Special Administrative Region. The Government of the Macao Special Administrative Region shall be composed of local inhabitants. The chief executive of the Macao Special Administrative Re- gion shall be appointed by the Central People's Government on the basis of the results of elections or consultations to be held in Macao. Officials holding principal posts (equivalent to Assistant-Secretaries, procurator-general and principal of- ficer of the police service) shall be nominated by the chief executive of the Macao Special Administrative Region for ap- pointment by the Central People's Government.
The executive authorities shall abide by the law and shall be accountable to the legislature.
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