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HK should consider “what the nation needs and what HK is good at”: CY Leung

2017-July-3       Source: Newsgd.com

During a interview with southcn.com, Leung Chun-ying, Hong Kong SAR Government Chief Executive, remarked that “Belt and Road” Initiative and the plan of Guangdong-Hong Kong-Macao Greater Bay Area both are new opportunities for Hong Kong, and believed that Hong Kong should take advantage of ‘One Country, Two System’ Policy and seize these opportunities to gain impetus to develop itself.

CY Leung

During a interview with southcn.com, Leung Chun-ying, Hong Kong SAR Government Chief Executive, remarked that “Belt and Road” Initiative and the plan of Guangdong-Hong Kong-Macao Greater Bay Area both are new opportunities for Hong Kong, and believed that Hong Kong should take advantage of ‘One Country, Two System’ Policy and seize these opportunities to gain impetus to develop itself.

Leung pointed out that when planning its future development, Hong Kong should consider “what the nation needs and what Hong Kong is good at”.

Hong Kong’s advantages mainly lie in finance and professional services, which make the place stand out from the other cities in the Bay Area, and the city has always been a conduit for channeling ODI from the mainland, as well as attracting foreign direct investment into the mainland over the last two decades.

What’s more, Leung indicated that Hong Kong has a long history in international communication with rich sources in global connections, thus Hong Kong can help look for oversea sources in funds, products, scientific research power and so on that are needed in mainland.

 

Hong Kong's role in directing the mainland's outward investments will be further cemented by the Belt and Road Initiative and the city's participation will further stimulate its economic growth.

Editor: Nan

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