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President Xi Pledges Full Support for Hong Kong’s Economic Innovation and Integration with National Strategies

Published December 15, 2024
1 months ago

Chinese President Xi Jinping has explicitly pledged continuous support from the central government for the Hong Kong Special Administrative Region (HKSAR) to drive economic momentum by aligning closely with the country’s broad strategies, during a recent meeting with HKSAR Chief Executive John Lee in Beijing.





The meeting, which served as a pivotal platform for Lee to report on Hong Kong's current affairs and government operations, underscored the central authorities' commitment to sustaining the city’s prosperity under the "one country, two systems" framework. Amidst this backdrop, Xi Jinping praised the efforts of the HKSAR government under Lee’s leadership to adopt significant reforms and promote tangible development achievements, particularly noting the successful passage of the historic legislation under Article 23 of the HKSAR Basic Law—a key phase for bolstering national security.


During this high-level dialogue, the Chinese president reiterated the importance of Hong Kong’s role in the nation's overall progress, encouraging the region to seize new opportunities to fortify its economic bases and enhance societal well-being. The emphasis was also placed on keeping up the impetus for improving housing, healthcare, and enhancing international stature, which are seen as crucial elements in maintaining the territory's stability and development trajectory.


Among other senior officials, Li Qiang, Cai Qi, and Ding Xuexiang were also present, reflecting the importance of the discussions and the level of support from various quarters of the Chinese government. Their involvement signifies a unified approach towards Hong Kong’s issues at the highest levels of government, aiming to foster an environment where innovation and creativity can thrive.


This meeting comes at a time when Hong Kong is navigating through multiple challenges, including global economic uncertainties and the ongoing need for integration with mainland China's vast market and developmental blueprint. The central government's full acknowledgment and commendation of Lee’s administration underscore a strategic push to ensure that Hong Kong not only continues to pursue progress through reform but also plays a significant role in the region’s geopolitical and economic equations.


By harnessing the strong backing from Beijing and leveraging its unique positioning under the "one country, two systems" policy, Hong Kong is expected to continue enhancing its competencies in key sectors, thereby contributing significantly to its own and the nation's prosperity.


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