The resolution charts a new course for Hong Kong’s high-quality development, injecting significant momentum into the city’s governance and prosperity. Hong Kong already has three advantages in this regard.
Hong Kong now has a safer, freer and more open society, as well as a predictable business climate, ushering in a great period for reviving the economy and seeking development. Under such conditions, the city will attract more global enterprises, capital and talent.
Second, Hong Kong enjoys unique strengths due to its greatest asset – one country, two systems. The benefits of “two systems” enable Hong Kong’s international linkages. As one of the world’s freest economies and the only region in China that practises the common law, Hong Kong is highly favoured by the global elite for its strong rule of law, low tax rates and safe, liveable environment.
Hong Kong’s status as an international financial, shipping and trade centre also remains solid. Recently, the city regained its position as the third-ranked global financial centre in the latest Global Financial Centres Index.
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