Hong Kong entering into new era of prosperity | By Muhammad Zamir Assadi

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Hong Kong entering into new era of prosperity

THE recent visit of Chinese President Xi Jinping to Hong Kong for the celebration of the 25th anniversary of Hong Kong’s return to the motherland and the inaugural ceremony of the sixth-term government of the Hong Kong Special Administrative Region (HKSAR) is sure to give a powerful boost to the practice of “one country, two systems” in the special administrative region.

The visit of President Xi on this very important occasion of Hong Kong has conveyed the message of care, trust and hope that is set to pave the path and pace of sustainable development for special administrative region in the coming decades.

President Xi’s presence in Hong Kong has won the hearts and minds of the people in special administrative region that were thrilled to share the success and development with their leader and Secretary General of the Communist Party of China that has laid the vision of progress for them.

Xi’s attendance at 25th anniversary of Hong Kong special administrative region has also gained the attention of international community as they have witnessed the resolve of Chinese nation towards rejuvenation and commitment towards unity.

Chinese President made an address at the meeting celebrating the 25th anniversary of Hong Kong’s return to the motherland and the inaugural ceremony of the sixth-term government of the Hong Kong Special Administrative Region.

The speech by Xi has elaborated the significance of adhering to the “one country, two systems” principle, and drawn a blueprint for a brighter future of Hong Kong.

“Since its return, Hong Kong, amid China’s monumental reform and opening-up efforts, has been breaking new ground, functioning as an important bridge between the Chinese mainland and the rest of the world.

As a result, it has made irreplaceable contribution to our country’s economic miracle marked by long-term, stable and rapid growth,” Xi said in his speech at the meeting.

Xi’s trip to Hong Kong demonstrated his deep concern for Hong Kong compatriots. During his stay in Hong Kong, Xi attended over 10 events and the Hong Kong compatriots could feel the close affinity between Hong Kong and the mainland, as well as the profound bond between the hearts of Hong Kong compatriots and the people of the mainland.

One of the reports have mentioned that Xi’s trip has effectively strengthened the firm confidence of all sectors in the bright future of Hong Kong’s development.

While delivering a speech, Xi said the central government will remain resolute in implementing the “one country, two systems” principle, and will not change or vacillate in this stand.

Xi’s words demonstrated the country’s full support for the development of Hong Kong and have further strengthened the confidence of people from all walks of life in the future of Hong Kong.

It also noted that the President’s trip has expressed his ardent hope that the HKSAR can realize good governance and long-term stability.

The next five years are important for Hong Kong to break new ground and achieve another leap forward, Xi said.

The proposals put forward by Xi charted the direction for the new HKSAR government to exercise law-based governance.

Calling this trip to Hong Kong a milestone, it expressed confidence that the HKSAR will write a new chapter of the “one country, two systems” principle with the strong backing of the mainland and concerted efforts of the Hong Kong people.

As part of China, Hong Kong has a very important role to play as the Guangdong-Hong Kong-Macao Greater Bay Area “will be the leading region in China.

” China, along with ASEAN nations, has the best potential growth — 30 percent of world growth comes from China that is helping the international community as well.

Over the years, Hong Kong people are getting better at speaking Mandarin, and their recognition of the mainland is growing stronger.

Backed by the large mainland market and linked to international capital, Hong Kong’s political, economic, social and business environment has further improved, laying a solid foundation for the city’s future development.

The Chinese President noted in his speech that “Be it the global financial crisis, the COVID-19 epidemic, or social unrest, none of them have stopped Hong Kong from marching forward.

” Despite all the challenges, Hong Kong’s social vitality and average life expectancy now rank among the highest in the world, and “Hong Kong’s status as an international financial, trade and shipping centre has been consolidated and enhanced.

” Political stability is the foundation of progress.

He said that by adopting the Hong Kong National Security Law and improving the city’s electoral system, Hong Kong’s stability has been further guaranteed.

This provides a strong platform for the city’s greater integration with the rest of China, thus a better chance for Hong Kong’s sustainable growth.

—The writer is contributing columnist, based in Islamabad.

 

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