It is a principal issue within the community of Macau to steadily promote moderate economic diversification while maintain the development of the gaming sector. For more than 20 years since the suggestion was proposed, the direction of moderate economic diversification remains unclear and is promoting rather slowly. By using BCG Matrix and comparison in employment structure with similar mini-economies, the major methods to classify emerging sectors are analysed, and which sectors should be developed are proposed. In addition, the role of these emerging sectors in structural adjustment of the economy is discussed, and the paths to implement Macau’s moderate economic diversification are proposed.