Paul Chan assures HK remains competitive despite unrestLocal | 11 Sep 2019 4:49 pm
Financial Secretary, Paul Chan Mo-po, told the Belt and Road Summit audience today Hong Kong's competitiveness remains undiminshed despite the unrest.
The demonstrations and protests reflect complex issues. And they are concerning to us all, he said.
Chan assured the audience that the recent incidents have not affected Hong Kong's core competitiveness, including the rule of law, free movement of capital, goods, information and people, freedom of expression, a simple and low tax regime, a sound regulatory system and an independent judiciary.
“The 'One Country, Two Systems' principle, which is the cornerstone of our economic success and long-term prosperity, remains intact. These fundamentals and institutional underpinnings of our society stay strong and resilient,'' Chan said.
“We are earnestly engaging in dialogues with the community, with the aim of mending differences as well as looking for solutions. I believe that continued dialogue, conducted in the spirit of reason, mutual respect and reconciliation, together with the rule of law, will see us through the difficult times.''