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Policy Address measures highlighted

Secretary for Commerce & Economic Development Edward Yau today briefed members of the Trade & Industry Advisory Board on initiatives related to commerce and trade in the 2021 Policy Address.   Mr Yau said the Policy Address focuses on integration into national development and states that the developments of Hong Kong and the nation are closely related.   While the nation is the major growth engine and driving force for the global economy, the 14th Five-Year Plan, the Outline Development Plan for the Guangdong-Hong Kong-Macao Greater Bay Area, the Qianhai plan, the economic development pattern of not only greater domestic circulation but also domestic and international dual circulation, as well as the Belt & Road Initiative have brought unlimited opportunities for enterprises and professional services providers in Hong Kong.   The city must seize these opportunities and leverage its advantages, Mr Yau noted.   During the meeting, the commerce chief stressed that Hong

HK fully co-operates with central govt

The Hong Kong Special Administrative Region Government today said the central government has the authority and responsibility to improve the city’s electoral system, adding that it will render its full co-operation to the central government.   The Hong Kong SAR Government made the statement in response to the deliberation by the National People's Congress of a draft decision on improving the city's electoral system.   The Hong Kong SAR Government said to ensure the steadfast and successful implementation of "one country, two systems", Hong Kong must always adhere to the principle of "patriots governing Hong Kong".   The principle is fundamental to national sovereignty, security, development interests, as well as the long-term prosperity of Hong Kong, it added.   "Only through ‘patriots governing Hong Kong’ can the central government's overall jurisdiction over the Hong Kong SAR be effectively implemented, the constitutional order as set out by the Constitution and the Basic Law be effectively safeguarded and the long-term stability and safety of Hong Kong be achieved.   "Matters concerning the political system of the Hong Kong SAR are the prerogative of the central government. The central government has the authority and responsibility to improve the electoral system in Hong Kong.   "The Hong Kong SAR Government respects that the central government is taking the lead and will render its full co-operation," the statement said.
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