On Tuesday, China’s foreign ministry spokesperson, Mao Ning, shared an optimistic outlook for Hong Kong, highlighting the city’s promising future under the “One Country, Two Systems” policy.
Speaking at a regular press briefing, Mao reflected on the past five years since the implementation of the Law on Safeguarding National Security in the Hong Kong SAR. “Hong Kong’s legal framework has been strengthened, social stability and unity have improved, and the rights and freedoms enjoyed by Hong Kong residents in accordance with the law have been fully protected,” she noted.
Mao addressed recent criticisms from certain Western politicians and anti-China organizations, stating that their “baseless and malicious smears” against the “One Country, Two Systems” policy and Hong Kong’s rule of law expose their intent to undermine the city’s stability.
Economic Growth and Global Standing
With a high level of security, Hong Kong is experiencing high-quality development. The city’s GDP has grown for nine consecutive quarters, and it has reclaimed its spot among the top three international financial centers worldwide. Additionally, Hong Kong ranks among the top three in global competitiveness rankings.
“Hong Kong is the world’s third-largest recipient of foreign direct investment,” Mao highlighted. “Since the beginning of this year, it has topped the world in terms of fundraising from IPOs.”
The city also leads globally in air cargo shipping and ranks fourth in the International Shipping Center Development Index. It’s among the top ten in talent competitiveness, with many foreign chambers of commerce recommending increased investment in Hong Kong.
A Promising Future
Today marks the 28th anniversary of Hong Kong’s return to the motherland. Mao expressed confidence in the city’s trajectory: “We believe that with the steadfast support of the motherland, the safeguard of ‘One Country, Two Systems,’ the dedication of the government of the Hong Kong SAR, and the joint efforts of the whole society, Hong Kong enjoys broad prospects and a promising future.”
