HK: The connected city
7 years, 8 months ago

HK: The connected city

China Daily  

Chief Executive Carrie Lam Cheng Yuet-ngor and her husband Lam Siu-por greet the public before the flag-raising ceremony to celebrate the 20th anniversary of the establishment of the Hong Kong Special Administrative Region at Golden Bauhinia Square on Saturday. Hong Kong's "one country, two systems" framework has been at the heart of our success these past 20 years and it will power Hong Kong's prosperity over the next 20 years and more. Thanks to "one country", Hong Kong has benefited enormously from the Chinese mainland's rapid rise as a global economic force and its unswerving commitment to our city and its people. Earlier this year, the United States-based Heritage Foundation named Hong Kong as the world's freest economy－for the 23rd year in a row－in its annual "Index of Economic Freedom" report. Hong Kong finished fourth among the easiest places to do business in the World Bank's "Doing Business Report 2017".

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History of this topic

Hong Kong explores unique role in boosting China-ASEAN connectivity
3 months, 3 weeks ago

Hong Kong explores unique role in boosting China-ASEAN connectivity

China Daily  

HONG KONG -- The ASEAN-China Forum 2024 was held here on Thursday, with participants brainstorming on such issues as the development of the Association of Southeast Asian Nations, its ties with China as well as joint efforts to deal with regional challenges. ASEAN is a priority for China's neighborhood diplomacy and a key region for Belt and Road cooperation, said …

It's all a digital game in trade
4 months ago

It's all a digital game in trade

China Daily  

As the world trade paradigm falls in line with a revolutionary trend in doing business, Hong Kong is reassessing its traditional dominance of Asia's shipping lanes by positioning itself as an e-commerce logistics nexus between Southeast Asia's digital shoppers and the Chinese mainland's manufacturing prowess. Although e-commerce logistics may not help Hong Kong's port cargo throughput significantly, the special administrative …

Hong Kong attracts 17 more enterprises in strategic emerging industries
4 months, 2 weeks ago

Hong Kong attracts 17 more enterprises in strategic emerging industries

China Daily  

A view of the Victoria Harbor in Hong Kong. HONG KONG -- A total of 17 enterprises signed agreements on Monday to become strategic enterprise partners of the Hong Kong Special Administrative Region government amid the city's push to nurture an ecosystem for innovation and technology. Most of them will establish their global or regional headquarters in Hong Kong, said …

'One country, two systems' showcases success
6 months, 3 weeks ago

'One country, two systems' showcases success

China Daily  

MA XUEJING/CHINA DAILY Over the past few decades, the National People's Congress and its Standing Committee have made dozens of decisions, resolutions and legal interpretations to establish "one country, two systems", specifically enacting several important laws. Hong Kong and Macao are expected to play important roles in optimizing the country's plan for regional development, in order to enhance coastal-interior interaction …

'One country, two systems' showcases success
6 months, 3 weeks ago

'One country, two systems' showcases success

China Daily  

MA XUEJING/CHINA DAILY Over the past few decades, the National People's Congress and its Standing Committee have made dozens of decisions, resolutions and legal interpretations to establish "one country, two systems", specifically enacting several important laws. Hong Kong and Macao are expected to play important roles in optimizing the country's plan for regional development, in order to enhance coastal-interior interaction …

HK's future as business center secure under 'one country, two systems'
11 months, 3 weeks ago

HK's future as business center secure under 'one country, two systems'

China Daily  

A recent report in Western media that suggested Hong Kong was planning to ban some popular social media platforms, such as Facebook and YouTube, is another futile attempt to mislead international opinion. Hong Kong's best days are ahead, as China has secured the city's status as the Asia-Pacific region's leading finance-corporate management center. China's authorities have reiterated that Hong Kong …

Hong Kong eyes stronger economic and trade ties with Thailand to expand its role in Southeast Asia
1 year, 5 months ago

Hong Kong eyes stronger economic and trade ties with Thailand to expand its role in Southeast Asia

Associated Press  

HONG KONG — Hong Kong’s leader said Tuesday the city would seek to strengthen its economic and trade ties with Thailand after a meeting with the country’s prime minister, as the Chinese financial hub looks for more business opportunities in Southeast Asia. Lee’s administration wants to expand the city’s role in Southeast Asia to boost economic growth for the financial …

A winner has emerged in the old rivalry between Singapore and Hong Kong
1 year, 7 months ago

A winner has emerged in the old rivalry between Singapore and Hong Kong

Hindustan Times  

Dinner-party conversations across Asia have often been animated by an old debate. In economic dynamism, the state of the urban fabric and the vibrancy of civic life, which city comes top: Hong Kong or Singapore? Today Singapore’s is 1.7 times higher than Hong Kong’s. Singapore’s economy has grown by one-seventh since 2017; Hong Kong’s not at all. Still, a far …

Building Stronger China-ASEAN Relations
1 year, 7 months ago

Building Stronger China-ASEAN Relations

China Daily  

Longstanding Human and Cultural Bonds Hong Kong's ties with ASEAN nations extends to connections between the people, sharing their invaluable connection and knowledge of their home countries. Some of Hong Kong's best-known corporations have ASEAN origins, while established Hong Kong brands have also found success in ASEAN markets. Beyond its economic potential, the ASEAN's young and increasingly well-educated, digital-savvy new …

Building Stronger China-ASEAN Relations
1 year, 7 months ago

Building Stronger China-ASEAN Relations

China Daily  

China-Hong Kong-ASEAN Relations More Important Than Ever Integral to China's vision of multilateralism in a multi-polar, open and inclusive world is a mutually beneficial and enduring partnership with the ASEAN. Re-export trade between the two economies through Hong Kong amounted to 624.1 billion HK dollars in 2021, with an average of 7.4 percent annual growth rate in trade volume between …

Hong Kong makes bid for greater regional integration
1 year, 7 months ago

Hong Kong makes bid for greater regional integration

China Daily  

A view of the Victoria Harbor in Hong Kong. In a global landscape where economic diplomacy often takes center stage, Hong Kong's Chief Executive John Lee Ka-chiu is making strategic moves. This journey, his second to the region within a year, underlines the Hong Kong Special Administrative Region government's strategic pivot toward Southeast Asia, a region whose economic ascendancy is …

Forum highlights Hong Kong's business environment advantages under rule of law
1 year, 8 months ago

Forum highlights Hong Kong's business environment advantages under rule of law

China Daily  

HONG KONG -- A legal forum was held in Hong Kong on Tuesday with a focus on how the rule of law has brought about a superior business environment for Hong Kong. John Lee, chief executive of the Hong Kong Special Administrative Region, said in his address that under the principle of "one country, two systems," Hong Kong enjoys a …

HK a center for global standards and regulations
1 year, 10 months ago

HK a center for global standards and regulations

China Daily  

Wang Zhile, head of the Beijing New Century Academy on Transnational Corporations. PHOTO PROVIDED TO CHINA DAILY The Chinese mainland's next phase of its opening-up will be driven by institutional reform, and the Hong Kong Special Administrative Region, with its well-established regulatory framework in line with international rules, can serve as a key intermediary in linking standards and practices between …

Why Hong Kong’s makeover will founder
2 years, 4 months ago

Why Hong Kong’s makeover will founder

Live Mint  

Hong Kong, newly reopened to the world, is still plastered with posters celebrating the 25th anniversary of the territory’s handover to China: “A New Era. Third-quarter data released last week showed Hong Kong’s economy contracting 4.5% year over year. Hong Kong Chief Executive John Lee’s inaugural policy address in October echoed Chinese leader Xi Jinping’s talking points on “profound changes …

Hong Kong set to open new development chapter
2 years, 4 months ago

Hong Kong set to open new development chapter

China Daily  

The report delivered by Xi Jinping, general secretary of the Communist Party of China Central Committee, at the 20th CPC National Congress marked an important milestone in China's new journey to build a modern socialist country and realize its second centenary goal. By leveraging the mainland's support while engaging with the world, Hong Kong can help facilitate the country's "bringing …

CE pledges full confidence in the city with nation's backing
2 years, 5 months ago

CE pledges full confidence in the city with nation's backing

China Daily  

Hong Kong Chief Executive John Lee Ka-chiu delivers a speech a reception at the Grand Hall of Hong Kong Convention and Exhibition Centre, Wan Chai, Hong Kong, in celebration of the 73rd anniversary of the founding of the People’s Republic of China, Oct 1, 2022. Hong Kong Chief Executive John Lee Ka-chiuon said Saturday he has full confidence in the …

Hong Kong: The city still packs a punch
2 years, 8 months ago

Hong Kong: The city still packs a punch

The Hindu  

Published : Jul 10, 2022 18:00 IST Hong Kong appears to be in a midlife crisis. The 25th anniversary of its return to China, on July 1 this year, marked the halfway point in Deng Xiaoping’s guarantee, enshrined in the Basic Law that governs Hong Kong, that its capitalist system and way of life would be preserved for 50 years …

Xi defends vision of Hong Kong on 25th anniversary of return
2 years, 8 months ago

Xi defends vision of Hong Kong on 25th anniversary of return

Associated Press  

HONG KONG — China’s leader Xi Jinping marked the 25th anniversary of Hong Kong’s return with a speech Friday that emphasized Beijing’s control over the former British colony under its vision of “one country, two systems” – countering criticism that the political and civic freedoms promised for the next quarter-century have been largely erased under Chinese rule. “Regardless of whether …

习近平在庆祝香港回归祖国25周年大会暨香港特别行政区第六届政府就职典礼上的讲话（全文）
2 years, 8 months ago

习近平在庆祝香港回归祖国25周年大会暨香港特别行政区第六届政府就职典礼上的讲话（全文）

China Daily  

7月1日上午，庆祝香港回归祖国25周年大会暨香港特别行政区第六届政府就职典礼在香港会展中心隆重举行。中共中央总书记、国家主席、中央军委主席习近平出席并发表重要讲话。 新华社记者 姚大伟 摄 在庆祝香港回归祖国25周年大会暨香港特别行政区第六届政府就职典礼上的讲话 （2022年7月1日） 习近平 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 Xi Jinping 同胞们，朋友们： Fellow Compatriots, Dear Friends, 今天，我们在这里隆重集会，庆祝香港回归祖国25周年，举行香港特别行政区第六届政府就职典礼。 Today we are gathered here to celebrate this grand occasion marking the 25th anniversary of …

As China tightens grip, Hong Kong’s luster as ‘world city’ dims
2 years, 8 months ago

As China tightens grip, Hong Kong’s luster as ‘world city’ dims

Al Jazeera  

Tens of thousands of residents are exiting the former British colony as Beijing reshapes life in the city. In a survey carried out by the American Chamber of Commerce of Hong Kong last year, more than 40 percent of expats said they were planning to leave or considering it, mostly due to concerns over a draconian national security law imposed …

Analysis: China’s Xi Jinping brought Hong Kong to heel. Now he’s back in a city transformed
2 years, 8 months ago

Analysis: China’s Xi Jinping brought Hong Kong to heel. Now he’s back in a city transformed

CNN  

Hong Kong CNN — Chinese flags flutter above streets and red celebratory banners line the harbor front, as a beaming crowd of masked officials and school children wave and chant in unison inside Hong Kong’s high-speed rail terminus, welcoming the arrival of Chinese leader Xi Jinping. Anthony Kwan/Getty Images Protesters use a rope to lower themselves from a pedestrian bridge …

Hong Kong burnishes China ties as luster as global hub fades
2 years, 8 months ago

Hong Kong burnishes China ties as luster as global hub fades

Associated Press  

HONG KONG — Every few generations, Hong Kong transforms itself, evolving from a swampy fishing village to 19th century colonial port, to capitalist outpost and factory after China’s 1949 revolution, to 21st century financial center. “There are great opportunities in the Greater Bay Area that haven’t been realized yet,” said David Graham, executive director of the British Chamber of Commerce …

Hong Kong to forge ahead toward prosperity
2 years, 8 months ago

Hong Kong to forge ahead toward prosperity

China Daily  

Aerial photo taken on July 16, 2020 shows the Wan Chai of Hong Kong. And in its 25th year, the Hong Kong Special Administrative Region has returned to the right track of "one country, two systems" after some twists and turns. Besides, a small number of radicals in Hong Kong colluded with foreign and separatist forces to derail "one country, …

25th anniversary heralds new era for HK
2 years, 8 months ago

25th anniversary heralds new era for HK

China Daily  

MA XUEJING/CHINA DAILY Editor's note: Hong Kong will celebrate the 25th anniversary of its return to the motherland on July 1 this year. Over the past 25 years, "one country, two systems" has helped the Hong Kong Special Administrative Region to continue its overall development and build a better future. Maintaining the Hong Kong SAR's high level of autonomy and …

Hong Kong to forge ahead toward prosperity
2 years, 8 months ago

Hong Kong to forge ahead toward prosperity

China Daily  

Aerial photo taken on July 16, 2020 shows the Wan Chai of Hong Kong. And in its 25th year, the Hong Kong Special Administrative Region has returned to the right track of "one country, two systems" after some twists and turns. Besides, a small number of radicals in Hong Kong colluded with foreign and separatist forces to derail "one country, …

25th anniversary heralds new era for HK
2 years, 8 months ago

25th anniversary heralds new era for HK

China Daily  

MA XUEJING/CHINA DAILY Editor's note: Hong Kong will celebrate the 25th anniversary of its return to the motherland on July 1 this year. Over the past 25 years, "one country, two systems" has helped the Hong Kong Special Administrative Region to continue its overall development and build a better future. Maintaining the Hong Kong SAR's high level of autonomy and …

HK's economy in best position to grow
2 years, 8 months ago

HK's economy in best position to grow

China Daily  

Hong Kong Financial Secretary Paul Chan Mo-po gives an interview. Hong Kong Financial Secretary Paul Chan Mo-po said he is very confident and hopeful about Hong Kong's economy and future development as the city is at a critical juncture of maintaining stability and seeking prosperity. "Hong Kong now is in the best position to grow and focus our attention on …

Retaining competitive edge, Hong Kong embarks on new journey toward prosperity
2 years, 9 months ago

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

China Daily  

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 …

'In this vibrant city, I feel energy, freedom and efficiency': Hong Kong in eyes of foreign residents
2 years, 9 months ago

'In this vibrant city, I feel energy, freedom and efficiency': Hong Kong in eyes of foreign residents

China Daily  

Aerial photo taken on July 16, 2020 shows the Wan Chai of Hong Kong. "Very soon after I arrived in Hong Kong, I realized I was living in a unique world city," said Cullen. "After 25 years, our business has grown stronger and our ability to operate in Hong Kong has improved in many ways," he said. "I believe the …

China still needs to be vigilant against interference in HK
2 years, 10 months ago

China still needs to be vigilant against interference in HK

China Daily  

In this file photo dated Aug 5, 2019, a Star Ferry Co vessel sails across Victoria Harbor in front of the Hong Kong island skyline in Hong Kong. The Hong Kong Special Administrative Region held the sixth-term chief executive's election on Sunday, with the central leadership taking all necessary measures to prevent external forces from interfering in the electoral process. …

Hong Kong could stay COVID hermit until 2024, business body warns
3 years, 2 months ago

Hong Kong could stay COVID hermit until 2024, business body warns

Al Jazeera  

Hong Kong’s zero-tolerance approach to Covid-19 could keep the Asian financial hub cut off from most of the world until 2024 and fuel a large-scale exodus of international workers and executives, according to a draft report by the European Chamber of Commerce in the city. A reopening could then happen late next year or early 2024, the document said, adding …

Why I left Hong Kong
3 years, 4 months ago

Why I left Hong Kong

Al Jazeera  

The national security law and its chilling effect on our civil liberties compelled me to leave my home. Earlier this month, almost half of 99 Hong Kong-based journalists polled anonymously by the Hong Kong Foreign Correspondents Club said they were considering or had plans to leave the city due to the decline in press freedom under the national security law. …

As Hong Kong sinks deeper into isolation, foreign firms despair
3 years, 4 months ago

As Hong Kong sinks deeper into isolation, foreign firms despair

Al Jazeera  

Hong Kong, China – Before the pandemic, Basil Hwang enjoyed a globe-trotting lifestyle synonymous with high-flying expat executives in Hong Kong, travelling to visit his family in Singapore two or three times each month. China doesn’t have the real need to open the border.” The source told Al Jazeera they believed Hong Kong officials were sympathetic to the plight of …

Can Hong Kong’s economy survive China’s political crackdown?
3 years, 4 months ago

Can Hong Kong’s economy survive China’s political crackdown?

Al Jazeera  

Business is considering its options amid the national security law, currency fears and punishing COVID-19 quarantines. Over the past year, Hong Kong’s society has been torn apart by the Beijing-imposed national security law and changes to the electoral process designed to ensure only people deemed “patriots” can hold office in the territory. Last month, the institute’s annual report on economic …

Hong Kong still 'go-to' place for investors, official says
3 years, 10 months ago

Hong Kong still 'go-to' place for investors, official says

China Daily  

Hong Kong's chief investment promotion officer has expressed full faith in the city's future economic development, as the newly enacted National Security Law for Hong Kong and improvements to its electoral system bring stability to the city's business environment. Hong Kong, being part of the growth engine of the Guangdong-Hong Kong-Macao Greater Bay Area while also enjoying good connections with …

HK must change to embrace the real world
3 years, 11 months ago

HK must change to embrace the real world

China Daily  

An aerial view of a research facility in Dongguan, Guangdong province. It is also because of this metamorphosis that the conventional conception of the Greater Pearl River Delta region of catching up industrialization has changed to the Guangdong-Hong Kong-Macao Greater Bay Area; the latter seems to borrow from the examples of the US Bay Area and the Tokyo Bay Area, …

Future of Hong Kong: Financial elite weigh up fleeing as businesses undeterred by Chinese crackdown
4 years ago

Future of Hong Kong: Financial elite weigh up fleeing as businesses undeterred by Chinese crackdown

The Telegraph  

In the most stark demonstration yet of what might happen if a company does not toe the party line, Hong Kong's flag carrier Cathay Pacific was caught in the crossfire in 2019 as Beijing cracked down after some staff drew attention for joining the anti-government protests. Since then it has only doubled down on the world’s second largest economy, it’s …

The US is treating Hong Kong as mainland China. Business is starting to do the same
4 years, 8 months ago

The US is treating Hong Kong as mainland China. Business is starting to do the same

CNN  

Hong Kong CNN Business — The relationship between China and the West is rapidly eroding, and that could have serious implications for Hong Kong’s status as a global financial hub. The New York Times on Tuesday also announced that it would move some of its staff based in Hong Kong to Seoul as it began to “make contingency plans.” Alongside …

A Look At Hong Kong's Future After China Passes Controversial Law
4 years, 8 months ago

A Look At Hong Kong's Future After China Passes Controversial Law

NPR  

A Look At Hong Kong's Future After China Passes Controversial Law SCOTT DETROW, HOST: Less than 24 hours after Beijing had passed its controversial security legislation, authorities in Hong Kong had already charged 10 people with violating the sweeping new law. Beijing says the law is crucial to safeguarding Hong Kong's economic development and political stability. LEE: No, of course, …

China reveals new national security law for Hong Kong to stop 'terrorism' amid international condemnation
4 years, 8 months ago

China reveals new national security law for Hong Kong to stop 'terrorism' amid international condemnation

ABC  

The Chinese Government has unveiled the national security law it is imposing on Hong Kong, punishing crimes of secession and sedition with up to life in prison and stoking concern it heralds a more authoritarian era for China's most freewheeling city. Some pro-Beijing officials have described the national security law as Hong Kong's "second return" after authorities failed to tame …

Hong Kong is not like Tiananmen Square – China is a superpower now and that is worrying
4 years, 9 months ago

Hong Kong is not like Tiananmen Square – China is a superpower now and that is worrying

The Independent  

The best of Voices delivered to your inbox every week - from controversial columns to expert analysis Sign up for our free weekly Voices newsletter for expert opinion and columns Sign up to our free weekly Voices newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Indeed, after years of China cracking …

Hong Kong on borrowed time as China pushes for more control
4 years, 9 months ago

Hong Kong on borrowed time as China pushes for more control

Associated Press  

BANGKOK — Hong Kong has been living on borrowed time ever since the British made it a colony nearly 180 years ago, and all the more so after Beijing took control in 1997 and granted it autonomous status. China’s passage of a national security law for the city is the latest sign that the 50-year “one country, two systems” arrangement …

AP EXPLAINS: Why China is pushing Hong Kong security law
4 years, 9 months ago

AP EXPLAINS: Why China is pushing Hong Kong security law

Associated Press  

BEIJING — China is taking matters into its own hands after last year’s tumultuous anti-government protests in Hong Kong that often descended into tear gas-filled clashes. “There are still a lot of important questions we have, which have not been answered,” said Joseph Cheng, a political scientist and veteran of Hong Kong’s pro-democracy movement. Article 18 of the Basic Law …

Trump administration says Hong Kong no longer independent from China as tension with US grows
4 years, 9 months ago

Trump administration says Hong Kong no longer independent from China as tension with US grows

The Independent  

Sign up for the daily Inside Washington email for exclusive US coverage and analysis sent to your inbox Get our free Inside Washington email Get our free Inside Washington email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Secretary of State Mike Pompeo announced on Wednesday that the …

'No Reasonable Person Can Assert' Hong Kong Has Autonomy From China, Pompeo Says
4 years, 9 months ago

'No Reasonable Person Can Assert' Hong Kong Has Autonomy From China, Pompeo Says

NPR  

'No Reasonable Person Can Assert' Hong Kong Has Autonomy From China, Pompeo Says Enlarge this image toggle caption Anthony Wallace/AFP via Getty Images Anthony Wallace/AFP via Getty Images U.S. Secretary of State Mike Pompeo says he has reported to Congress that Hong Kong is no longer autonomous from China, a move that may have major implications for the trade relationship …

The other Hong Kong: Will China’s democratic enclave become just like the mainland? (opinion)
4 years, 10 months ago

The other Hong Kong: Will China’s democratic enclave become just like the mainland? (opinion)

CNN  

Editor’s Note: Joy Park is the legal counsel for Asia at the Human Rights Foundation and leads HRF’s Hong Kong Desk project. CNN — For years, even as China has applied increasing pressure on Hong Kong’s pro-democracy movement, the framework of “One Country, Two Systems”—the dividing line that keeps Hong Kong relatively autonomous from the authoritarian mainland—has been respected by …

Hong Kong leader says special status can endure beyond 2047
5 years, 2 months ago

Hong Kong leader says special status can endure beyond 2047

Associated Press  

HONG KONG — Hong Kong’s leader Carrie Lam said Thursday that the ''one country, two systems’’ framework under which the city enjoys freedoms unknown in China could continue after a 2047 deadline if loyalty to Beijing is upheld. then I think there will be enough grounds for ‘one country, two systems’ to move ahead smoothly and there would be no …

City must work within principle of 'one country, two systems'
5 years, 4 months ago

City must work within principle of 'one country, two systems'

China Daily  

Progressively tackling the issues facing Hong Kong, which has been hit by protests since June, is one approach that the city can take as it works within the "one country, two systems" principle, according to Singapore's Prime Minister Lee Hsien Loong. He said Hong Kong's unrest is "bad" for Singapore, adding that it is "much better for us" that Hong …

One country, two fortunes: Hong Kong’s youth face bleak future
5 years, 5 months ago

One country, two fortunes: Hong Kong’s youth face bleak future

Al Jazeera  

Hong Kong, China – The contrast between the TV pictures coming from Beijing and Hong Kong on October 1 could not have been more stark. A growing number of analysts say Hong Kong’s exorbitant housing costs and a widening wealth gap have demolished young people’s chances of progressing and are direct causes for the unrest. “I am optimistic about the …

Britain must help Hong Kong's protesters in their fight against a police state
5 years, 5 months ago

Britain must help Hong Kong's protesters in their fight against a police state

The Independent  

The best of Voices delivered to your inbox every week - from controversial columns to expert analysis Sign up for our free weekly Voices newsletter for expert opinion and columns Sign up to our free weekly Voices newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Last Friday, Hong Kong’s rapacious chief …

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