Retaining competitive edge, Hong Kong embarks on new journey toward prosperity

HONG KONG -- Twenty-five years after its return to the motherland, Hong Kong, as a special administrative region of China, remains one of the world's most dynamic cities. RETAINING COMPETITIVE EDGE Hong Kong has conquered multiple crises with the support of the central authorities since 1997, and has remained a center of international finance, shipping and trade. Under the "one country, two systems" principle, Hong Kong has kept a steady financial system, free-flowing capital, abundant human resources, a fine legal environment, and a unique gateway connecting the mainland and the world. Zheng Xiangling, chairwoman of the Hong Kong Chinese People's Political Consultative Conference Members Association, said the Greater Bay Area is not the only opportunity for Hong Kong to thrive in the coming years. It is imperative for the HKSAR government, all sectors of the community and Hong Kong residents to unite and undertake genuine reforms, "starting a new chapter for Hong Kong together," he said.