Carrie Lam confident in Hong Kong better integrating into national development

2021-September-18 20:07 By:

Hong Kong needs to understand the overall planning of the entire country, find its own position in it, and better fit into the national development while sharpening its advantages, Chief Executive of the Hong Kong Special Administrative Region (HKSAR) Carrie Lam said on September 13.

Hong Kong's future development will surely be very bright and its biggest advantage is "one country, two systems," Lam said, "Now we have a very good start," citing the enactment of the national security law in Hong Kong, improvements to Hong Kong's electoral system, the 14th Five-Year Plan (2021-2025) for national socio-economic development and a newly-released plan for further developing the Shenzhen-Hong Kong cooperation zone in Qianhai.

Lam in particular highlighted Hong Kong's financial strengths. She said: "We don't fear any slander. We need to look at the fact, which is that many overseas financial institutions are full of confidence in Hong Kong...and we have seen many financial institutions that have already decided to increase their presence in Hong Kong."

Lam also emphasized opportunities in the development of the Guangdong-Hong Kong-Macao Greater Bay Area and especially welcome the new Qianhai plan and the recent launch of a cross-border wealth management program in the Greater Bay Area.

The cooperation with Shenzhen enables Hong Kong to have a bright future in developing technology and innovation, and the Qianhai plan that features a wider opening to Hong Kong's services also gives Hong Kong enormous opportunities, she said.

Source: Xinhua

Editor: JYZ
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