Hong Kong is ready to discuss land, tax incentives and financial support for businesses setting up in the Northern Metropolis, the finance chief has told a trade seminar in Beijing, stressing a “flexible and innovative” approach will be taken with developing the megaproject. Financial Secretary Paul Chan Mo-po on Thursday also met Xia Baolong, Beijing’s…
Hong Kong should move beyond a “city-centred” approach that merely seeks Beijing’s policy support and instead take steps to align with national priorities by advancing the internationalisation of the yuan and supporting mainland Chinese enterprises’ global expansion, observers have said as this year’s “two sessions” came to a close. With the annual political gathering ending…
Hong Kong’s leader has pledged to align with national strategies outlined in China’s latest five-year plan and transform the city’s “new positionings, functions and missions” assigned by Beijing into “tangible outcomes” to drive economic growth. Chief Executive John Lee Ka-chiu also said on Thursday that he would lead the local government in fulfilling its primary…
Hong Kong’s legislature will consider establishing a dedicated mechanism to scrutinise the implementation of approved bills and funding, drawing inspiration from mainland China’s law enforcement inspection system, according to its president. Legislative Council president Starry Lee Wai-king also dismissed concerns that the city’s first five-year plan would undermine the “one country, two systems” governing principle,…
Chinese Vice-Premier Ding Xuexiang has acknowledged it is no “easy task” to truly implement Hong Kong’s executive-led governance system, stressing that it must be a “shared responsibility” of the legislative and judicial branches and society as a whole. But Ding, the head of the Central Leading Group on Hong Kong and Macau Affairs, said an…
Chinese President Xi Jinping has called on Hong Kong’s leader to proactively align with the 15th five-year plan, while offering his full recognition of the local government’s work as he extended condolences to the families of victims of the city’s deadliest fire in decades. Xi also said on Tuesday that Beijing fully recognised the work…
A recent visit to Hong Kong by the new executive deputy director of the central government’s top office for the city’s affairs was likely to have been to check on the progress of the Northern Metropolis megadevelopment, political analysts have said. Xu Qifang, the executive deputy director of the Hong Kong and Macau Affairs Office…
New rules on certain Communist Party organs suggest China’s ruling party is aiming to standardise its decision-making process and that President Xi Jinping might be delegating more of his power, according to observers. One analyst said the move could hint at his plan for succession. The 24-member Politburo, the party’s top echelon, on Monday reviewed…
Home News Is China president Xi Jinping ill? Meet 5 men who could replace Xi in China’s Communist Party Rumors have begun circulating that Chinese President Xi Jinping might not be in good health after he suddenly vanished from the public eye in recent months. (File) Amid rumors surrounding the health of Chinese President Xi…