Opinion

Signs for Hong Kong at China’s ‘two sessions’ were promising

The central government’s commitment to the ‘one country, two systems’ principle in Hong Kong was apparent at the country’s annual parliamentary meetings

However, the city must efficiently tackle challenges ranging from housing to innovation and technology development to meet the central government’s expectations

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People in Tsim Sha Tsui watch Government Flying Service helicopters carrying the national and Hong Kong special administrative region flags during a flag-raising ceremony at Golden Bauhinia Square in Wan Chai to celebrate the 25th anniversary of the establishment of the Hong Kong special administrative region on July 1, 2022. Photo: Nora Tam

Ken Chu (LLD) is the chairman and CEO of Mission Hills Group, with businesses in hospitality, leisure, entertainment, sports, wellness and education in China.

Published: 6:45am, 26 Mar 2023

A number of significant messages delivered by China’s leadership at the “two sessions” of the National People’s Congress and Chinese People’s Political Consultative Conference have further shed light on how Hong Kong can chart its course for the future in an increasingly competitive and intensely unsettled world.

There is no question that the world has embarked on a new era, one characterised by growing global geopolitical tension, shaky international financial markets, regional military build-up, the US’ ongoing attempts to thwart China’s efforts to be technologically self-reliant and, above all, an unclear global economic outlook. Hong Kong needs a bright beacon and strong support to navigate the turbulent times.

At one of China’s most important annual political events, Chinese President Xi Jinping was elected unanimously for an unprecedented third term, ensuring continuity and stability in the implementation of his policies and realisation of his vision for the nation and the Chinese people.