The Executive Deputy Director of the Hong Kong and Macao Work Office of the CPC Central Committee and the Hong Kong and Macao Affairs Office of the State Council, Zhou Ji, stated at the 18th Asian Financial Forum (AFF) today that the Chinese government will continue to fully support the consolidation of Hong Kong's status as an international financial, trade, and shipping center, and will also support Hong Kong in accelerating technological innovation.
Zhou pointed out that Hong Kong ranked in the top three in global financial indices last year, and is also the world's freest economy, ranking fifth in terms of market competitiveness, demonstrating widespread international recognition of the "one country, two systems" policy.
"Despite global economic challenges, China's economy made steady progress last year through reforms, open policies, and the cultivation of new productive forces, showcasing a resilient foundation and potential."
According to Zhou, this year, China will further deepen reforms, enhance its level of openness, improve international and domestic circulation, and foster new productive forces to achieve high-quality development and promote regional growth.
Zhou also noted that the successful return of Hong Kong and Macao to the motherland demonstrates the advantages and vitality of the"one country, two systems" policy.
"The policy is expected to persist long-term, supported by the proactive stance of the SAR governments and the concerted efforts of all sectors of society, ensuring the continued prosperity and development of China's Hong Kong international brand."
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