Two decades into the reunification with the country Hong Kong is still very much the destination of choice to do business and start a business, and the regional services hub to procure professional and financial services, despite the economic and political challenges we have faced during the interim.
Hong Kong has made significant contributions to the renminbi internationalization effort in the past two decades, with the city's mature, robust financial system acting as a lever in the process.
Hong Kong's retail business made a quantum leap in the decade that followed the fateful onset of the SARS epidemic (Severe Acute Respiratory Syndrome) in early 2003 that almost brought the industry to its knees.
Acquisitive banker or stumbling bar-hopper, Hong Kong's expatriates come and go leaving barely a trace - at least, that's the stereotype. But while enjoying the good life Hong Kong affords, some long-term residents are leaving their mark on the city, Jon Lowe discovers.
President Xi Jinping called on the students and young people in Hong Kong to be prepared to make more contributions to the special administrative region as well as the country, as he visited a training center for a police youth group on Friday.
Leaders from all sectors of the Hong Kong Special Administrative Region should promote social solidarity and support Carrie Lam Cheng Yuet-ngor, the incoming chief executive, and her administration in implementing policies, President Xi Jinping said on Friday.
As Saturday's 20th anniversary of Hong Kong's return to the motherland approaches, Chinese embassies overseas have been busy celebrating the event.
Chinese enterprises will further contribute to Hong Kong's economic growth under the Belt and Road Initiative and will serve as a bridge connecting the mainland and the special administrative region to promote cooperation.
The Yukun, China's first self-designed modern training vessel, will visit Hong Kong as part of the celebration marking the 20th anniversary of the region's return to the motherland, officials announced.
With the full support of the central government in Beijing, the principle of "one country, two systems" has enabled Hong Kong to capture economic opportunities from the Chinese mainland's development, while retaining a system that provides autonomy over trade and economic policies, said Clement Leung, Hong Kong commissioner to the United States.
Food supplied by the Chinese mainland has played a crucial role in improving the livelihoods of residents in Hong Kong since its return to China 20 years ago, and the special administrative region is expected to continue enjoying high-quality, safe food products.
The Guangdong government will continue to secure the water supply for Hong Kong, making the Pearl River Delta project a top priority, according to the head of the provincial department of water resources.
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