HK must catch up on green finance to reclaim position as leading financial hub

Hong Kong’s Global Financial Leaders’ Investment Summit, attended by global leaders in finance, occurred last week just after the city’s latest Policy Address and the 20th National Congress of the Communist Party of China. The key message of the chief executive, John Lee Ka-chiu, to the international visitors during the summit was “Hong Kong is […]

Proactive governance crucial to achieving high-quality development in SAR

General Secretary Xi Jinping of the Central Committee of the Communist Party of China repeatedly emphasized the need for the country to pursue “high-quality development” in his report to the 20th Party Congress. “High-quality development” should also be the objective of socioeconomic development in the two special administrative regions of Hong Kong and Macao. But […]

Hong Kong SAR Chief Executive shares his vision for Hong Kong with UK business community at virtual dialogue

HONG KONG, Nov 2, 2022 – (ACN Newswire via – To strengthen the longstanding economic and trade relationship between Hong Kong and the United Kingdom (UK), a virtual dialogue with the Chief Executive of the Hong Kong Special Administrative Region (HKSAR), Mr John Lee, was held to engage with the business community in the […]

The remarkable resilience of Hong Kong

Vibrancy and efficiency combined with a particularly safe living environment all remain evident in Hong Kong in a way not commonly seen in other large, modern global cities. Still, the series of tests which the HKSAR faces today are acutely demanding. This, though, resonates with the position faced in most jurisdictions worldwide. Hong Kong, meanwhile, […]

Education will most effectively address Hong Kong’s social inequity

Earlier this month, the United Nations Development Program’s 2021-22 Human Development Report, “Uncertain Times, Unsettled Lives: Shaping Our Future in a Transforming World”, highlighted that for the first time in the 32 years that the program has been tracking it, the Human Development Index (which measures a nation’s health, education, and standard of living) had […]

US politicians’ disdain for National Security Law blinds them to facts, logic and decency

American politicians once again demonstrated more than arrogance when they accused Hong Kong’s judiciary of convicting former media tycoon Jimmy Lai Chee-ying on “spurious” fraud charges. Never mind that Hong Kong’s judicial independence is world-renowned as evidenced by the fact that Hong Kong’s ranking remains high on the just-off-the-press “World Justice Project Rule of Law […]

Policy Address measures dovetail with ‘results-oriented’ philosophy

Chief Executive John Lee Ka-chiu took a leaf from President Xi Jinping’s playbook and hinged his first 100 days and first Policy Address on people orientation. His two-hour-45-minute presentation to a packed Legislative Council and televised to millions in Hong Kong demonstrated his leadership qualities. It heralded a bright future for Hong Kong, lifting it […]

Hong Kong should more proactively promote development of financial industry

The overall success of the practice of “one country, two systems” over the past 25 years has been witnessed globally. The innovative framework has not only resolved peacefully the Hong Kong question left over from history but also enabled Hong Kong’s smooth transition to a special administrative region of China from a British-ruled territory. Over […]

Hong Kong can and should play a pivotal role in Belt and Road Initiative

China’s Belt and Road Initiative, or BRI, inaugurated in 2013, is a massive infrastructure project involving the construction of roads, railways, ports, and other facilities in over 139 countries and regions with the aim of boosting economic ties among participating countries. Given Hong Kong’s unique history and international status, the city has every reason to […]

Policy Address officially bids farewell to ‘small government, big market’

The maiden Policy Address of Chief Executive John Lee Ka-chiu comes at a time when Hong Kong finds itself in a complex, volatile, and turbulent internal and external environment. The chaotic situation that plagued Hong Kong for two decades has finally ended thanks to the powerful and effective actions taken by the central authorities, especially […]

Policy Address measures take aim at city’s most pressing issues

In his first-ever Policy Address, Chief Executive John Lee Ka-chiu pointed out that Hong Kong is undergoing profound changes unseen in a century, yet notwithstanding these challenges, Hong Kong still has its own distinctive advantages of enjoying staunch support from the motherland, and abundant opportunities under the “one country, two systems” principle. Mr Lee mentioned […]

Policy Address 2022: Creating a thriving, vibrant Hong Kong through improved governance and economic diversification

HONG KONG, CHINA, Oct 20, 2022 – (ACN Newswire via – 19 October 2022, HKSAR Chief Executive John Lee today unveiled his first Policy Address, mapping out a bold, comprehensive five-year blueprint for strengthening Hong Kong’s competitiveness by building on the city’s unique advantages and capturing new growth opportunities. This comes against the backdrop […]

Communications Association of Hong Kong supports the new initiatives on telecommunications industry in the Chief Executive’s 2022 Policy Address

HONG KONG, Oct 19, 2022 – (ACN Newswire via – Communications Association of Hong Kong (CAHK) fully supports the Chief Executive’s 2022 Policy Address, in particular Hong Kong I&T Development Blueprint in the chapter on “International Innovation and Technology Centre”, focusing on industries such as life and health technology, artificial intelligence and data science, […]

HKTDC welcomes ground-breaking measures in 2022 Policy Address

HONG KONG, Oct 19, 2022 – (ACN Newswire via – The Hong Kong Trade Development Council (HKTDC) welcomes the Policy Address announced by the Hong Kong Special Administrative Region (HKSAR) Chief Executive John Lee Ka-chiu today, and believes the proposed ground-breaking and wide-ranging policies can help drive Hong Kong’s long-term development while resolving some […]