Latest news with #TwoSystems
RTHK
2 days ago
- Business
- RTHK
Hong Kong thrives under NSL, future is bright: CE
Hong Kong thrives under NSL, future is bright: CE John Lee says the implementation of the National Security Law came at a critical time for Hong Kong. Photo: RTHK Chief Executive John Lee on Monday said the implementation of the National Security Law (NSL) has brought about social stability and protected people's lives. He added that the SAR remains the world's freest economy, and its future is bright. In comments published in multiple newspapers marking the fifth anniversary of the enactment of the security law, Lee noted that Hong Kong is third in global financial centre and competitiveness rankings, and it's projected to become the world's largest wealth management centre within a few years. He said the enactment of the NSL came at a critical time for Hong Kong, when anti-China and external forces continuously challenged the bottom line of One Country, Two Systems. The CE thanked the central government for acting decisively at a critical moment to address the shortcomings and loopholes in the city's legal system. He also pointed out that the SAR last year fulfilled the constitutional duty of enacting the Safeguarding National Security Ordinance (SNSO) in line with Article 23 of the Basic Law. Separately, a government spokesperson noted that the implementation of the NSL was a watershed moment in Hong Kong's transition from chaos to order and represents an important milestone in the undertaking of One Country, Two Systems. Looking ahead, the spokesperson said that the SAR government will strive steadfastly to safeguard national sovereignty, security and development interests against the backdrop of escalating geopolitical risks.
RTHK
09-06-2025
- Politics
- RTHK
Security law 'a golden shield of safety and stability'
Security law 'a golden shield of safety and stability' Gao Xiang says some global financial professionals have changed their stances and are now singing Hong Kong's praises. Photo: RTHK Elsie Leung says the national security laws are needed to deal with sudden attacks, citing sanctions and tariffs. Photo: RTHK The head of the Chinese Academy of Social Sciences, Gao Xiang, said on Monday that Hong Kong's national security law has plugged unguarded security risks. He was speaking as the academy hosted a seminar on One Country, Two Systems in Beijing. Gao described the national security law, which came into effect nearly five years ago, as "a golden shield" that ensures Hong Kong's safety and stability. "The national security law has brought about the resumption of law and order and the gradual revival of the economy," he said. "It consolidates Hong Kong's status as a free economy and continual improvements in the business environment. "Some global financial professionals have had to change their stances and are now singing the SAR's praises and acknowledging its new vitality. "The security law is widely supported by the public in Hong Kong and has won high support from the forces of justice in the international community." Speaking at the same function, a former deputy head of the Basic Law Committee, Elsie Leung, said the One Country, Two Systems principle has undergone reforms to catch up with the times. The former SAR justice secretary noted that the national security laws now in force follow the holistic approach set out by the country in 2014, unlike security concepts from the past century. She said the mainland and Hong Kong needed to deal with attacks. "How can we tackle sudden attacks, such as tariffs and sanctions?" Leung said. "There are safety risks in areas such as economic, financial, internet data and artificial intelligence. "These are all urgent, pressing questions that we have to deal with under One Country, Two Systems and in the new era." Leung added there's a need to groom more political talent following improvements to the electoral system. She said it's also worth looking into grooming more local judicial talent to lower a reliance on overseas judges.
RTHK
09-06-2025
- Politics
- RTHK
Security law 'a golden shield of safety and stability'
Security law 'a golden shield of safety and stability' Gao Xiang says some global financial professionals have changed their stances and are now singing Hong Kong's praises. Photo: RTHK Elsie Leung says the national security laws are needed to deal with sudden attacks, citing sanctions and tariffs. Photo: RTHK The head of the Chinese Academy of Social Sciences, Gao Xiang, said on Monday that Hong Kong's national security law has plugged unguarded security risks. He was speaking as the academy hosted a seminar on One Country, Two Systems in Beijing. Gao described the national security law, which came into effect nearly five years ago, as "a golden shield" that ensures Hong Kong's safety and stability. "The national security law has brought about the resumption of law and order and the gradual revival of the economy," he said. "It consolidates Hong Kong's status as a free economy and continual improvements in the business environment. "Some global financial professionals have had to change their stances and are now singing the SAR's praises and acknowledging its new vitality. "The security law is widely supported by the public in Hong Kong and has won high support from the forces of justice in the international community." Speaking at the same function, a former deputy head of the Basic Law Committee, Elsie Leung, said the One Country, Two Systems principle has undergone reforms to catch up with the times. The former SAR justice secretary noted that the national security laws now in force follow the holistic approach set out by the country in 2014, unlike security concepts from the past century. She said the mainland and Hong Kong needed to deal with attacks. "How can we tackle sudden attacks, such as tariffs and sanctions?" Leung said. "There are safety risks in areas such as economic, financial, internet data and artificial intelligence. "These are all urgent, pressing questions that we have to deal with under One Country, Two Systems and in the new era." Leung added there's a need to groom more political talent following improvements to the electoral system. She said it's also worth looking into grooming more local judicial talent to lower a reliance on overseas judges.
