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*Chinese language President Xi Jinping will attend a gathering on Friday to have fun the twenty fifth anniversary of the return to the motherland of Hong Kong, whose improvement Xi says has all the time been in his coronary heart.
*”Hong Kong’s improvement has all the time pulled at my heartstrings,” mentioned Xi, additionally normal secretary of the Communist Occasion of China Central Committee and chairman of the Central Army Fee, upon his arrival in Hong Kong 5 years in the past for the particular administrative area’s twentieth anniversary.
*Underneath Xi’s management, the central authorities have rolled out a collection of main insurance policies and measures to assist Hong Kong keep stability and prosperity underneath the framework of “one nation, two techniques.”
*On Friday, the president can even attend the inaugural ceremony of the sixth-term authorities of the Hong Kong Particular Administrative Area, which Xi expects to carry refreshing modifications to the governance of Hong Kong.
HONG KONG, June 28 (Xinhua) — Chinese language President Xi Jinping will attend a gathering on Friday to have fun the twenty fifth anniversary of the return to the motherland of Hong Kong, whose improvement Xi says has all the time been in his coronary heart.
“Hong Kong’s improvement has all the time pulled at my heartstrings,” mentioned Xi, additionally normal secretary of the Communist Occasion of China Central Committee and chairman of the Central Army Fee, upon his arrival in Hong Kong 5 years in the past for the particular administrative area’s twentieth anniversary.
Through the years, Xi has repeatedly demonstrated his concern for the event of Hong Kong, in addition to the well-being of the over 7 million Hong Kong residents. He has initiated tasks integrating Hong Kong into the nationwide improvement, interacted with the youth of Hong Kong and inspired entrepreneurs to pursue their goals on the mainland.
Underneath Xi’s management, the central authorities have rolled out a collection of main insurance policies and measures to assist Hong Kong keep stability and prosperity underneath the framework of “one nation, two techniques.”
On Friday, the president can even attend the inaugural ceremony of the sixth-term authorities of the Hong Kong Particular Administrative Area (HKSAR), which Xi expects to carry refreshing modifications to the governance of Hong Kong.
Xi has mentioned that Hong Kong is at a vital stage on its path to additional prosperity.
Hong Kong has witnessed fast improvement because the Chinese language authorities resumed the train of sovereignty over it on July 1, 1997.
From 1997 to 2021, Hong Kong’s GDP grew from 1.37 trillion Hong Kong {dollars} (174.59 billion U.S. {dollars}) to 2.86 trillion Hong Kong {dollars}. It has weathered challenges together with the Asian monetary disaster, the SARS epidemic and the worldwide monetary disaster, and consolidated its standing as a global monetary, delivery and commerce heart.
Underneath Xi’s management, the central authorities have promoted infrastructure connectivity and rolled out insurance policies and measures to additional develop the area for Hong Kong’s improvement.
A wonderful instance of infrastructure connectivity is the mega-bridge on the Pearl River estuary connecting Hong Kong, Macao and the Chinese language mainland.
Throughout his journey to Hong Kong in 2017, Xi visited the development web site of the Hong Kong-Zhuhai-Macao Bridge. In October 2018, he introduced the bridge’s opening and inspected it.
The opening of the bridge marked a brand new stage within the improvement of the Guangdong-Hong Kong-Macao Better Bay Space.
The Better Bay Space, which goals to turn out to be a world-class bay space and metropolis cluster, is a big nationwide challenge conceived and promoted by Xi. In just some years, it has turn out to be one of the open and economically vibrant areas in China.
A rising variety of younger folks from Hong Kong are turning to the mainland for entrepreneurial prospects, because the bay space improvement has led to new alternatives.
Mark Mak Hin-yu, co-founder of a robotics firm, mentioned his firm has its headquarters in Hong Kong however has transferred a part of the operations, together with {hardware} meeting and technical testing, to the mainland, capitalizing on the alternatives led to by the bay space’s improvement.
China’s 14th 5-Yr Plan (2021-2025) provides Hong Kong help in constructing itself into a global heart for innovation and expertise, a middle within the Asia-Pacific area for worldwide authorized and dispute decision providers, a regional heart for mental property commerce, and a middle for cultural and artwork exchanges with different international locations.
Laura Cha Shih Might-lung, chairperson of the Hong Kong Exchanges and Clearing Restricted and a veteran in Hong Kong’s monetary sector for greater than three many years, has full confidence within the sector’s future improvement.
“Being a comparatively small economic system with a inhabitants of simply over 7 million, Hong Kong wouldn’t have developed into the worldwide monetary heart it’s now with out the robust backing of the mainland’s steady improvement,” she mentioned.
Enhancing the livelihood of Hong Kong folks has been a high precedence for Xi.
“Youngsters need to develop up fortunately. Younger folks need to carry out the very best of their expertise. Individuals in mature years need to achieve success, and the seniors need to get pleasure from their golden years,” Xi mentioned when he visited Hong Kong in 2017, explaining the relations between improvement and other people’s well-being.
Xi would all the time discover time to work together with the general public throughout his visits to Hong Kong. In 2008, Xi, then Chinese language vice chairman, visited odd Hong Kong households, sat down with them and chatted about their on a regular basis life. In his 2017 journey, President Xi watched an episode of Cantonese opera carried out by youngsters and inspired them to inherit the wonderful conventional Chinese language tradition.
Through the years, Xi has overseen the implementation of assorted favorable insurance policies for Hong Kong compatriots on the mainland, which cowl a variety of areas, from training and employment to healthcare and journey.
As an example, since September 2018, eligible folks from Hong Kong have been capable of apply for residence permits on the mainland, which grant them entry to the rights to work, social safety and housing provident fund.
When the COVID-19 pandemic hit Hong Kong, Xi was very involved concerning the lives and well being of native folks and has instructed on a number of events to offer Hong Kong full help in combating the virus.
The mainland has despatched anti-epidemic supplies, dispatched well being staff, and helped construct isolation and remedy services, in addition to ensured the regular provide of each day requirements to help Hong Kong’s combat in opposition to the epidemic.
“The motherland is all the time Hong Kong’s robust backing. Difficulties at hand can certainly be overcome,” Xi has mentioned.
Xi has pressured a full and correct understanding of the “one nation, two techniques” precept and trustworthy implementation of it. As he has mentioned, “one nation” is just like the roots of a tree and for a tree to develop tall and luxuriant, its roots should run deep and robust.
The central authorities adopted a raft of insurance policies and measures in an effort to handle each the signs and the basis causes of related challenges Hong Kong confronted.
The implementation of the nationwide safety legislation in Hong Kong was one such important measure. It was adopted by enhancements to the electoral system. These have offered Hong Kong with a stable institutional assure to beat rapid difficulties, obtain good governance, and guarantee lasting peace and stability.
Underneath the brand new electoral system, Hong Kong has efficiently held elections for the Election Committee, the seventh-term Legislative Council and the sixth-term chief government. An growing variety of competent and patriotic folks have entered the governing construction.
With these measures in place, social stability has been restored. For Hong Kong folks and overseas residents alike, this implies a safer dwelling atmosphere and extra predictable enterprise atmosphere.
“The important thing to Hong Kong’s success lies in its folks’s love of the motherland and Hong Kong, and their perseverance, pursuit of excellence and adaptableness,” Xi has mentioned.
In 2018, Xi met Eric Kuo, a younger Hong Kong entrepreneur, at a pilot free commerce zone in Guangdong Province.
“I used to be deeply touched by President Xi’s encouragement and grew extra decided to begin my very own enterprise on the mainland,” Kuo mentioned. His hi-tech firm has shortly expanded, raking in annual income of over 10 million yuan (about 1.5 million U.S. {dollars}) final 12 months.
Extra alternatives are rising for Hong Kong’s younger folks on the mainland, as they’re receiving better help from job looking to enterprise institution.
“An more and more affluent motherland serves as a supply of power for Hong Kong to beat difficulties and challenges; it additionally presents a reservoir of alternatives for Hong Kong to interrupt new floor, foster new driving drive and create new area for improvement,” Xi mentioned in his journey for the HKSAR’s twentieth anniversary 5 years in the past.
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