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Written by: Commentary Editing Room
2020-10-22 07:00
Last update date: 2020-10-22 07:00
Last Wednesday (October 14), President Xi Jinping delivered an important speech at the 40th anniversary celebration of the establishment of the Shenzhen Special Economic Zone. He mentioned that "the basic principle of "One Country, Two Systems" must be fully and accurately implemented to promote the integrated development and mutual promotion of the Mainland, Hong Kong and Macau. "And this Tuesday (October 20) the Liaison Office of the Central Committee of the Communist Party of China held a symposium inviting representatives from all walks of life in Hong Kong to learn from the spirit of this important speech. It is an opportunity for mainland cities such as the Shenzhen Special Economic Zone, and it is also a major historical opportunity that Hong Kong cannot miss."
The mainland is entering a new round of reform and opening up. The biggest difference between this and the reform and opening up in the Deng Xiaoping era is that it is no longer limited to "introverted" opening, but an "extroverted + introverted" comprehensive and active international reform and opening up. .
Xi Jinping’s speech pointed out that under today’s comprehensive reforms, "the new development pattern is not a closed domestic cycle, but an open domestic and international double cycle." On this basis, Luo Huining also called on Hong Kong to "need positive actions and take the lead in participating in the Greater Bay Area." District construction, in the process of carrying out higher-level Shenzhen-Hong Kong cooperation and participating in the national "double cycle" process, open up new development space and make new contributions."
It can be seen from this that Hong Kong’s role in the reform and opening up of the mainland in the future can no longer appear as a "teacher", but must actively adjust its role to become an active participant.
The establishment of the Guangdong-Hong Kong-Macao Greater Bay Area is the most important carrier of this transformation.
Regardless of the central government’s positioning of the Greater Bay Area or China’s role in the international landscape, the Greater Bay Area can be regarded as based on China’s existing economic scale and development model, guided by the leading economic entities in the Bay Area, and integrated forces to form efficient The joint force of the New Bay Area model, and Hong Kong’s capitalist system and uniqueness is only an important leader in the development of the Greater Bay Area.
In Luo Huining's words, the country hopes to "enable Hong Kong to better maintain its characteristics and give full play to its comparative advantages, and on this basis, it can complement each other's advantages and promote each other."
If Hong Kong does not realize this, it can only be covered and abandoned by the waves.
Hong Kong cannot stand alone
From a global perspective, every major international city such as Tokyo, London, New York, San Francisco, etc., without exception, will carry out various economic integrations with neighboring areas to form an economically developed city cluster.
If Hong Kong still believes that it can take off once again by virtue of its existing development methods, it is nothing short of a dream.
The world economic development pattern is being re-integrated, and China is the core driving force in it. Hong Kong should explore new roles that are different from the previous ones to maintain its vitality in this development process. After all, there is no fixed development model and system in the world.
In his speech, Xi Jinping mentioned that the construction of Shenzhen "must adhere to the main line of supply-side structural reform." He said as early as in a provincial and ministerial-level leadership seminar in January 2016, "We talk about supply-side structural reform. It is not the same thing as the supply school of Western economics. The supply-side structural reform cannot be regarded as a replica of the supply school of the West. It is more important to prevent some people from using their explanations to promote "neoliberalism."
Looking back at Hong Kong, the neo-liberal development model derived from classical capitalism has indeed played a significant role in the local economic take-off. However, time has passed, and almost all the factors that depend on our success are entering history.
If you want to open up a new history, Hong Kong must keep pace with the times and act accordingly, so that the spirit of Lion Rock can inject new content.
This is the reason why Luo Huining used the phrase "A good warrior in the Art of War" to describe the situation in Hong Kong on Tuesday. The purpose is to encourage Hong Kong to be "good at leveraging and taking advantage of the situation" and make good use of its "world-class scientific research Competence and professional service capabilities”, “strong financing capabilities”, and “the ability to attract international talents”, while “actively integrating into the world economy” on the one hand, on the other hand “struggling to catch the national development express”.
The development of Hong Kong’s integration into the Mainland is compelled by the situation. Hong Kong people can no longer treat the economic development model of mainland and Hong Kong in a separate manner. Look at the inherent mentality of "one country, two systems" and the development of the mainland.
Integrating Hong Kong into the development trend of the mainland through the Guangdong-Hong Kong-Macao Greater Bay Area is, as Luo Huining said, "cooperation, mutual achievement, and common development."
It would be superficial and stupid to continue to look at the development of the world and oneself in a separate and negative posture, and think that the mainland wants to "swallow" Hong Kong.
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Luo Huining, One Country, Two Systems, Shenzhen Dawan District Carrie Lam 01 Viewpoint