Protecting national security seen as key to Hong Kong’s stability

    Protecting national security seen as key to Hong Kong’s stability

    Safeguarding national security is crucial for Hong Kong to fully implement the “one country, two systems” governing principle and ensure the city’s stability, which will aid its development and attract foreign investors. That was the key takeaway from a high-level meeting hosted by Chief Executive John Lee Ka-chiu on Saturday to discuss a white paper…

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    Hong Kong minister Erick Tsang resigns, reveals prostate cancer battle

      Hong Kong minister Erick Tsang resigns, reveals prostate cancer battle

      Erick Tsang Kwok-wai has resigned as Hong Kong’s secretary for constitutional and mainland affairs, saying he is suffering from prostate cancer and cannot cope with the heavy workload. State news agency Xinhua first reported the State Council’s decision to remove Tsang from his post on Tuesday morning, ending days of speculation over the 62-year-old’s departure…

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      China’s cabinet clears path for VAT law to take effect next month

        China’s cabinet clears path for VAT law to take effect next month

        The State Council has approved draft regulations for implementing China’s new value-added tax (VAT) law, which is aimed at governing the country’s largest source of tax revenue and set to come into effect early next year. The regulations, released for public consultation in August and approved on Friday, outline detailed rules for enforcing the VAT…

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        China calls for faster, broader adoption of advanced tech to cement industrial power

        China calls for faster, broader adoption of advanced tech to cement industrial power

        China’s State Council has called for the faster development and wider rollout of large-scale testing and application environments for new technologies, as Beijing pushes to boost commercialisation and build a world-leading industrial base. The country should “focus on the frontiers of industrial development and key technological challenges, and prioritise the layout of new application scenarios…

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