Onus on HK to take advantage of initiative
Two historic events with profound relevance to Hong Kong took place recently. The first was the celebration on July 1 to mark the 20th anniversary of Hong Kong's return to China. And the other was the Belt and Road Forum for International Cooperation in Beijing in May. And both events were presided over by President Xi Jinping.
After having followed the "one country, two systems" principle for 20 years, the Hong Kong Special Administrative Region should now look forward to navigating through the next 20 years. And the Belt and Road Initiative could provide a much-needed guidance for that endeavor.
We have been reiterating the grand opportunities the Belt and Road Initiative offers, which however can be taken advantage of only through new thinking and vision. Yet Hong Kong seems satisfied to serve as an intermediary platform between the Chinese mainland and foreign investors and enterprises.