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Next five years ‘crucial’ for Hong Kong to make breakthroughs: Xi Jinping

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The “One country, two systems” practice in Hong Kong has achieved achievements “recognized around the world”, Chinese President Xi Jinping said during a visit to the Hong Kong Special Administrative Region (HKSAR).

Xi made the remarks at a meeting celebrating the 25th anniversary of Hong Kong’s return to China and the inaugural ceremony of the sixth Hong Kong SAR government.

Xi said Hong Kong’s return ushered in a new era in its history in which Hong Kong has made irreplaceable contributions to the miracle of the motherland’s long-term, steady and rapid economic development.

Hong Kong has become an integral part of the country’s overall development and is actively aligning with national development strategies, the president said. It continued to retain the strengths of being highly free and open and compatible with international rules, he added.

Hong Kong has played an important role in pushing forward the new paradigm of opening up China on a larger scale, in more areas and in greater depth, he said.

The next five years will be crucial for Hong Kong to achieve breakthroughs, Xi said, calling for joint efforts by the new HKSAR government and all social sectors to improve governance, strengthen engines of growth. , solve difficulties in people’s lives and preserve harmony and stability.

Full and faithful implementation of “One Country, Two Systems”

Xi stressed the need to fully and faithfully implement the “one country, two systems” policy.

Maintaining national sovereignty as well as security and development interests are paramount in the policy, he said. Based on this prerequisite, Hong Kong and Macao should maintain their capitalist system for the long term and enjoy a high degree of autonomy, he added.

Calling on Hong Kong to continue to strengthen development momentum, Xi said the central government fully supports the Hong Kong SAR in aligning with national development strategies, developing exchanges and cooperation. broader and closer with the world, actively and cautiously promoting reform, and fully unleashing the enormous creativity and development vitality of Hong Kong society.

John Lee was sworn in as Hong Kong SAR’s sixth-term chief executive in a ceremony overseen by President Xi.

In his inauguration speech, Lee said Hong Kong had encountered various challenges over the past 25 years, including the global financial crisis, social unrest and the COVID-19 pandemic, but had overcome them all, thanks to ” resilience and strong will”. population, as well as unique benefits under the One Country, Two Systems policy.

He pledged to take a “results-oriented approach” to tackling Hong Kong’s long-term issues, such as housing and land supply, while strengthening the city’s overall competitiveness as a whole. traditional role as a global financial hub and an emerging center of innovation and technology, as well as artistic and cultural exchange.

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