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Hong Kong – CE’s speech at National Day reception (with photos/video)

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CE’s speech at National Day reception (with photos/video)

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Following is the speech (English translation) by the Chief Executive, Mr John Lee, at the National Day Reception in Celebration of the 77th Anniversary of the Founding of individuals’s Republic of China today (October 1):

Identified visitors, fellow residents,

Today marks the 77th anniversary of the starting of individuals’s Republic of China. It brings the unique significance of being the very first National Day commemorated given that the statement of Hong Kong’s First Five-Year Plan.

Over the previous 77 years, the Chinese country has actually attained a historical improvement– from standing and growing thriving to ending up being strong. Today, China has actually ended up being the world’s biggest maker and product trader, its leading factor to clinical research study output and far more, putting in considerable impact on global affairs.

The solution of a Five-Year Plan for Hong Kong is not simply about presenting a series of policy efforts. The Plan offers a tactical roadmap for Hong Kong, permitting us to use our special benefits under “one country, two systems”accept modern-day patterns and take the chances brought by nationwide advancement.

Why should we create a Five-Year Plan? And why do it now? The response is uncomplicated: to completely and promptly take the tremendous chances brought by nationwide advancement, and to provide more fruits of advancement to the advantage of our residents. Confronted with an ever-changing geopolitical landscape, the improving of commercial chains, in addition to the fast advancement of innovation and expert system, Hong Kong should design a tactical roadmap in a proactive way and put in location positive strategies. As the world’s second-largest economy, China is commonly acknowledged as both a chauffeur and a stabiliser for international financial advancement. Time and tide wait on no guy. We need to act decisively and react to altering situations by developing the Five-Year Plan, in order to ride the wave of chances, equal the times, and incorporate into and serve the general nationwide advancement. This can just enhance Hong Kong’s development and enable individuals of Hong Kong to delight in more advancement dividends.

Hong Kong’s First Five-Year Plan is a rational and target-oriented strategy. It is based upon a general evaluation of Hong Kong’s dominating strengths, weak points, chances and hazards, and it works as a detailed plan targeted at constructing strengths, getting rid of weak points, taking chances and handling hazards. The Plan concentrates on 6 styles: initially, to reinforce the advancement of “four centres and one hub”specifically our status as global monetary, maritime and trade centres and a global air travel center, along with our advancement into a global development and innovation centre and a global center for high-calibre skill; 2nd, to utilize our benefit as a global city by deepening Hong Kong’s advancement of a legal and disagreement resolution services centre, copyright trading centre and East-meets-West centre for worldwide cultural exchange; 3rd, to speed up the advancement of the Northern Metropolis; 4th, to strengthen our strength in getting in touch with the nation and the world; 5th, to improve social wellness; and 6th, to embrace a holistic technique to advancement and security. These 6 styles cover financial advancement, spatial design, internal and external connection, income improvement, and threat avoidance and control, forming a detailed system with interconnected and equally strengthening elements.

The 3 crucial distinguishing characteristics of Hong Kong’s First Five-Year Plan are: initially, it is appropriate to the distinct qualities of Hong Kong. In the Foreword on page 1 of the Plan, it is explained from the beginning that Hong Kong’s Five-Year Plan needs to be grounded in the city’s useful truth, and supported by policy steps and significant jobs that include Hong Kong’s special character.

Second, it complies with the “one country, two systems” concept. This indicates that the First Five-Year Plan need to be established under the Basic Law structure. The Basic Law specifically attends to the practice of industrialism and the typical law system, along with the complimentary circulation of capital, individuals, products and details in Hong Kong, while the First Five-Year Plan worries a market economy and supports the two-pronged method of “effective market” and “capable government”

Third, the First Five-Year Plan plainly specifies Hong Kong’s worldwide positioning. Its International Financial Centre chapter mentions that we need to securely show Hong Kong’s worldwide positioning, whereas the Policy Address mentions that we will “stay committed to our global positioning”The 2 files restate the value and facility of Hong Kong’s international positioning, which strongly highlights that it belongs to our city’s DNA.

Among the efforts for executing the First Five-Year Plan is to totally utilize Hong Kong’s distinct benefit as an adapter in between the nation and the rest of the world. Hong Kong is the only city on the planet that takes pleasure in the merging of nationwide and global chances. The supreme focus of the Plan is, in truth, to capitalise on this aggregate benefit: making use of the momentum of the nation’s advancement to acquire steady assistance, while leveraging a worldwide platform to gain access to international resources and attain two-way interaction. Devoted to securely keeping its tactical position as the nexus of domestic-international double flow, Hong Kong will make higher contributions in its functions as a “super connector” and “super value-adder”

As the Chinese stating goes, “Victory is ensured when people pool their strength; success is secured when people put their heads together.” Hong Kong’s First Five-Year Plan is the fruit of the cumulative knowledge acquired throughout our substantial assessment. The Hong Kong Special Administrative Region Government puts words into action. With a tactical vision for a brilliant brand-new period that drives reform, enhances advancement, lets loose chances and improves income, we have actually developed the 2026 Policy Address to release extensive policy steps and take forward the efforts for the very first year in line with our five-year tactical plan. I am positive that as long as we, each devoted to our particular functions, sign up with hands and operate in synergy with one another, Hong Kong will definitely have the ability to set out on a course to a brighter and more thriving future.

I want our motherland and Hong Kong continuing success and stability. May all of you delight in health and excellent success in every endeavour. Thank you quite.