The Vice Chairman of the National Committee of the Chinese People's Political Consultative Conference and former chief executive Liang Zhenying attended the "Hong Kong 01" Economic Summit Forum today (8th), saying that the "Hong Kong Area National Security Law" and the new election system have basically eliminated political obstacles to comprehensive cooperation between Hong Kong and the Mainland.
He pointed out that under the new situation, the two places should strengthen their strengths and required docking cooperation, in-depth study of cooperation topics; strengthen communication and publicity, and solve the blind spots of the two places' understanding of each other's development and needs.
Liang Zhenying described the cooperation between Hong Kong and the Mainland as if two metals were refined into a "new alloy", which they believed could create new functions and new values.
He also pointed out that the strategy and execution of economic development must be specific and actionable, and meet the needs of the industry.
Liang Zhenying attended the "Hong Kong 01" Economic Summit Forum and said that the "Hong Kong Area National Security Law" and the new election system basically eliminated political obstacles to comprehensive cooperation between Hong Kong and the Mainland.
(Screenshot of forum live broadcast)
Hong Kong Development Director must take into account the needs of the country
Liang Zhenying quoted President Xi Jinping. On the 40th anniversary of the reform and opening up in the Mainland, he expressed the hope that Hong Kong and Macau will "be more proactive" to help the country fully open up, integrate into the overall development of the country, participate in the practice of national governance, and promote international cultural exchanges.
He believes that "Hong Kong needs, can do, and is worth doing is a lot." The central guidance clearly requires that Hong Kong must consider "the needs of the country and the strength of Hong Kong" in order to plan its own development.
Liang pointed out that the "14th Five-Year Plan" and the 2035 long-term goal outline support Hong Kong's promotion of its position as a center of international finance, shipping, and trade. "Promotion" is the key word in it. Hong Kong must continue to develop new roles and connotations.
For example, in the area of finance, we must continue to develop non-traditional categories, including international wealth management centers, bond markets, various insurance markets, financial technology hubs, and green finance hubs.
In terms of trade, Hong Kong can play its role as a "super linker" and take advantage of the complementary industrial structure of Hong Kong and the Mainland to "buy the world, sell the world, and actively develop new types of offshore international trade." In terms of shipping, expand ship management, ship financing, and shipping. High value-added services such as insurance, maritime law, and arbitration will leverage Hong Kong’s traditional advantages in finance, legal and professional services to enhance its status as an international shipping center.
Liang Zhenying, vice chairman of the National Committee of the Chinese People's Political Consultative Conference and former chief executive, attended the "Hong Kong 01" Economic Summit Forum.
(Screenshot of forum live broadcast)
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Liang Zhenying said that Hong Kong must actively grasp the major national strategies such as Qianhai and Hainan Free Trade Port to meet the needs of the mainland's industries and connect the two major domestic and international markets at the same time.
In addition, Hong Kong should also help the country make up for its shortcomings, such as chip research and development, finance and the provision of legal services.
He said that excessive reliance on foreign countries in these areas would pose obvious risks. The development of Hong Kong is not only to promote its own economy, but also to serve the needs of the country with its strengths.
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