Path of Democracy

Hong Kong must also promote high-quality development

The "2023 World Competitiveness Annual Report" was released earlier. Although Hong Kong is fully promoting the pace of returning to normal, its ranking has dropped from fifth to seventh last year. The change in rankings is, on the one hand, affected by the adjustment of various indicators in the report, and there are certain subjective factors that do not need to be over-interpreted; but on the other hand, some development weaknesses pointed out by industry experts are worthy of our humble view. Among various scores, Hong Kong's rankings in the local economy, job market, productivity and efficiency fell the most. It can be seen that Hong Kong's economy must grow both in terms of total volume and improve quality in order to maintain international competitiveness.

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Xiongan New Area embodies Xi Jinping’s core executive will

Beijing-Tianjin-Hebei, the Yangtze River Delta and the Guangdong-Hong Kong-Macao Greater Bay Area are the three major metropolitan areas of China's economic layout, radiating and driving the development of the northern, central and southern regions. President Xi Jinping visited Xiongan New Area last week, accompanied by three members of the Standing Committee of the Political Bureau, who proposed to make the Beijing-Tianjin-Hebei region a pioneer and demonstration area for Chinese-style modernization. With similar positioning, only Shenzhen is a pioneer demonstration zone for socialism with Chinese characteristics and Shanghai Pudong is a leading zone for socialist modernization. This means that Beijing, Tianjin and Hebei will set up different reform pilots and have a variety of national-level policy dividends. This "thousand-year plan" has once again become the focus of attention.

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Dual Identity

Identity is an indicator of "the return of people's hearts". People generally have a stronger sense of identity with Hong Kong people than with Chinese people, leaving the impression that national consciousness is weak. The streets named after the Governor, the Crown emblem mailbox and the British-style red telephone box are all that remain. Although it adds a colonial flavor to the special zone, it still has the significance of preserving historical memory. However, after the implementation of the National Anthem Law, incidents of incorrect playing of the national anthem occurred in the international sports world at rugby, baseball, and ice hockey games. Athletes who should have been applauded were involved in the governance issues of sports associations. It also challenged whether Hong Kong people can safeguard the country. Dignity becomes a topic again.

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Methods to objectively evaluate one country, two systems

Democratic Thoughts publishes one country, two systems research reports twice a year. This report uses opinion polls, international evaluations and news big data to observe changes in one country, two systems. The co-convenor, Mr. Pan Xuezhi, explained to the guests on the stage the interesting phenomena seen in this index.

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Clearing customs and rebuilding life in the Bay Area

At the World Economic Forum Annual Meeting in Davos, Vice Premier Liu He announced that China's door will continue to be open to foreign investment, convincing global leaders that the economic vitality unleashed by China is the hope of boosting global growth. Three years after the dynamic was cleared, strict domestic lockdowns were relaxed, and Hong Kong raced against time to restart cross-border transportation. The market gradually showed signs of recovery, and the Lunar New Year was full of joy and peace. Customs clearance between the two places is the first step towards a full return to normal, and is also a good start for the new development of the Greater Bay Area.

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Rethinking Hong Kong’s economic status after the 20th National Congress

The 20th National Congress report is Xi Jinping's policy blueprint for the next five years. It also theorizes China's development experience, opens up a "Chinese-style modernization" path that is different from the West, and inspires other developing countries to break away from European and American hegemony. The United States spreads the theory of China threat everywhere and regards it as "the most serious geopolitical challenge." Recently, the House of Representatives overwhelmingly approved the establishment of the "Special Committee on Strategic Competition between the United States and the Communist Party of China", representing the Republican and Democratic parties who are unanimously targeting China. The international situation is turbulent and Hong Kong cannot be alone. The only way to break through the Western containment is to help the mainland improve its economic strength and strengthen cooperation with foreign interests.

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There is a time limit for foreign capital to be temporarily withdrawn and returned

The spread of the epidemic has remained at a low level, and Hong Kong has been continuously integrating with international activities. "Hong Kong is back" is the theme of many international high-level summits and exhibitions. Chief Executive Lee Ka-chiu added an "Office for Introduction of Key Enterprises" in his first policy address, which will undertake this series of external exchanges and take the initiative to attract foreign investment. The current government loves to talk about KPIs, but the latest foreign investment survey by the Census and Statistics Department found that the number of companies in Hong Kong has turned from rising to falling, falling below 9,000. This confirms that Hong Kong’s attractiveness has faded slightly, and it is necessary to step up efforts to reverse the trend and maintain Hong Kong’s international business. business status.

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