Weekly Exclusive Selection | Can Li Jiachao become an outstanding Hong Kong ruler?

The 2022 Chief Executive Election will be held this Sunday (May 8). The former Chief Secretary for Administration, Li Jiachao, was elected as the new Chief Executive of Hong Kong.

As the only candidate for chief executive supported by the central government under the new electoral system, Li Jiachao's election was completely unexpected. Regardless of whether the outside world agrees with his ideas and political platform, I believe everyone expects him to fulfill his promises and truly serve Hong Kong. Open a new chapter.

Li Jiachao was voted for by 1,416 election committees, with a support rate of 99%.

This is mainly due to his strong endorsement from the central government.

Since he announced his candidacy on April 9, he has quickly won the support of the establishment camp, and the campaign team has also gathered representatives of major establishment groups and business circles.

However, judging from the historical experience since the handover of Hong Kong nearly 25 years ago, the effectiveness of the chief executive's governance work is inseparable from the support of the central government, but it is also inseparable from personal efforts, especially whether the chief executive can demonstrate a relationship with Hong Kong's prosperity and stability Appropriate responsibility, ability and wisdom.

At present, Li Jiachao's support from the central government is only the first step. The next bigger test is whether he can become an outstanding Hong Kong ruler.

In fact, there are quite a few challenges before Li Jiachao, three of which can be described as urgent and arduous.

Series reports:

A bigger test for the super-voted election of the Li family—whether he can become an outstanding Hong Kong ruler

What is Hong Kong's "Five-Year Plan"?

The election of the Li family with super high votes is only the first step, and the next step is to test whether he can become an outstanding Hong Kong ruler.

(Photo by Li Zetong)

Potential problems of Li Jiachao's three new housing policies

There has undoubtedly been a lot of analysis and discussion on the housing policy of Li Jiachao's election platform recently. Some people think that he has not been able to come up with a specific plan to solve the shortage of land and housing supply, or to formulate a timetable to express his speech to Xia Baolong, director of the Hong Kong and Macau Affairs Office of the State Council last year. The goal of "farewell to subdivided and caged houses" by 2049 is proposed.

Of course, all of these claims can be established, but considering that Lee Ka-chao has significantly less time to write his political platform than those who ran for the chief executive in the past, and he has not actually been appointed by the central government to perform his duties when he was elected as the chief executive, I am afraid to criticize him like that now. A little too early to say.

Today's more constructive discussion direction should mainly focus on several new points raised by Li Jiachao, including the "Public Housing Advancement Plan", the establishment of the "Public Housing Project Action Team" to supervise public housing construction projects, and the establishment of the "Public Housing Project Action Team". Housing Supply Co-ordination Unit, etc., and think about what potential problems may arise with them.

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If the "PRH Advance Scheme" is finally implemented, the HA should consider a partial rent reduction to offset the additional costs incurred by scheme participants.

(Photo by Yu Junliang)

Pros and cons of increasing ex-gratia compensation for owners to speed up the land resumption process - how to ensure that public funds are used properly?

Following the streamlining of the development procedures, the Development Bureau has recently proposed a new plan to speed up the land resumption process - to optimize the compensation arrangements provided to land owners and business operators under the government land resumption project, including the introduction of the "Preferential Zoning Compensation System". "Consolidate the four levels into two levels, update and regularly adjust the calculation formula parameters of the zoning compensation system, and relax the operating period and allowance area restrictions on the ex-gratia allowance for open-air or outdoor business operators.

Many stakeholders welcomed this, believing that the resistance to land resumption would be eliminated. However, since the new plan will increase the pressure on government spending, concerned groups cannot help but worry that the authorities are "generous" and "cheap big landowners".

Whether the policy is good or bad, of course, depends on whether the interests of the whole Hong Kong citizens can be based. In the tug-of-war between speed and justice, can the Libra helplessly tilt to one side?

And if the SAR government is reluctant to regain the dominance of land development, what is the point of spending more public money?

Series reports:

The good and bad of relaxing the restrictions on industry allowances and increasing the incentives for land release - how to take the responsibility for leading development?

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Recently, the Development Bureau has once again "made a contribution", proposing to optimize the compensation arrangements for land owners and business operators under the government's land resumption project. Is it for the people or for the real estate developers?

(Photo by Liang Pengwei)

China's stocks are now delisted, Hong Kong highlights "safe haven" positioning

The U.S. Securities and Exchange Commission (SEC) released the sixth batch of "pre-delisting lists" of exchanges last Wednesday (May 4), and 88 Chinese companies were included in it, including JD.com, Pinduoduo, NetEase, and Bilibili. share.

So far, a total of 128 Chinese companies have been listed in the US stock market, accounting for 51% of all 250 Chinese companies. It can be seen that more than half of the Chinese companies have been involved in the "delisting storm".

Under the turmoil, Hong Kong, as the country's international financial center, has played a key role and is a "safe haven" for Chinese companies.

The Hong Kong government needs to prepare for the "return of Chinese stocks", and at the same time think about how to make the general public share the fruits of economic prosperity.

(Photo by Wu Weihao)

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The media swayed the oolong stuffed horse incident, netizens caught the wind and refracted the mainland's public opinion ecology

On the morning of last Tuesday (May 3), after a news report was released that the Hangzhou state security department took coercive measures against "Ma" who was suspected of colluding with anti-China forces and endangering national security, the keywords "Hangzhou", "Ma "A" has aroused infinite associations, and public opinion has generally paid attention to whether the "Ma" here is related to Alibaba founder Jack Ma, who has been on the cusp of recent years.

But soon, this association was proved wrong. The so-called "Ma" was actually "Ma".

The difference in this word reflects that the media, including some official media, have not played their due role, and are obviously not rigorous in reviewing and publishing news; more importantly, why the mainland public opinion field has formed a kind of "Jack Jack" There might be an accident" atmosphere?

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How to create a tolerant, friendly and fair environment so that entrepreneurs with innovative spirit and practical ability can make the best use of their talents is an increasingly urgent proposition facing the Chinese society today.

(Getty Images)

The image of "warm family man" unites the nation's little Marcos to inherit his father's business and become the president of the Philippines

Bongbong Marcos looks like a "good family man"; in this Philippine general election, he deliberately shows the elite and model family. The good image, combined with the divine assistance of the three post-90s "beautiful little fresh meat" sons, has successfully attracted the support of many young female voters.

These deliberate election images not only enabled the dictator's son to successfully get rid of his father's dark past and perfect ties, but also allowed him to inherit the family's political legacy, making him a significant lead in major voter polls. , and was eventually elected as the new President of the Philippines.

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Little Marcos (second from right) played the card of family and warmth from time to time in this Philippine election.

(Associated Press)

U.S. Supreme Court to abolish 50-year-old abortion rights guarantee

At 8:00 p.m. ET on May 2, the political news website POLITICO released an astonishing report that it had obtained a 98-page draft judgment from the U.S. Supreme Court, stating that the court had initially voted to overturn the 1973 "Roe v. Wade case". (Roe v. Wade) left a constitutional guarantee of the right to abortion.

The next day, Supreme Court Chief Justice John Roberts confirmed that the leaked draft was genuine and announced an investigation into it.

While Republicans have focused on the responsibility for leaks, Democrats have lashed out at conservative judges for slamming down a 49-year-old constitutional right.

For the Supreme Court, which has become increasingly politicized in recent years, the abolition of a constitutional right that has been established for nearly half a century is likely to deprive the court of its remaining prestige...

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Demonstrators gathered in front of the Supreme Court late into the night hours after the draft was released.

(Associated Press)

Recycling thrusters with helicopters The next step is to completely reuse rockets?

Last week Rocket Lab, an American company that carried satellites into space, tried for the first time a recovery method that has always been different from the vertical landing of SpaceX's Falcon 9 rockets, using helicopters to capture thrusters in mid-air.

Why is this company doing this?

In addition to this company, how to recover rockets is also a technical problem that many companies or countries are tackling. How far are we from being able to fully recover rockets and start the next space age?

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Many countries and industries still have technical difficulties in recovering rocket thrusters. Rocket Lab will try to recover rocket thrusters by helicopter in the future.

(Rocket Lab)

Farewell to Zeng Jiang, the "treasure of the movie world": I don't need to send each other when I walk alone in a thousand mountains

Zeng Jiang, the "treasure of the movie world", passed away on April 27 at the Tsim Sha Tsui Epidemic Prevention Hotel, and fans lamented that "there is no more yellow pharmacist in the world".

Zeng Jiang has been active in the film and television industry for more than half a century, and his achievements far exceed the "Best Supporting Actor" award at the Hong Kong Film Awards.

In the eyes of Hong Kong people, he is elegant and straightforward, talented and angular.

In the interviews with the media, he was even a little arrogant and paranoid, and he was straightforward and straightforward.

How many people have taken away their youth and frivolity because of the years, but he showed us how to age gracefully, walk the rivers and lakes, neither humble nor arrogant, and walk his own way with a cane.

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Zeng Jiang's hair coloring advertisements have won popular support. At the age of 87, he was interviewed and joked about his gray hair in his twilight years, "It's so pretty."

Please pay attention to the 316th issue of "Hong Kong 01" e-Weekly Newsletter published on May 10, 2022.

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