Place Of Space
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I am interested in your story. Do you easily leave for or live in other cities in China?
China Hong Kong SAR: News and Images
- Thread starter Pakchina
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I am interested in your story. Do you easily leave for or live in other cities in China?
rott
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If the people in Hong Kong are fine with it, I don't see why not the pla play an active role.
Should deport them back. Jail is just a waste taxes.
grey boy 2
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Bro, "ONE COUNTRY" is always over riding "TWO SYSTEM"
According to the mini constitution "BASIC LAW" ALL "DEFENSE and DIPLOMATIC ISSUES" are under the administration of the "CENTRAL GOVERNMENT"
In other words, if there's having a crisis in HK that that local police force is unable to handle(DEFENSE under THREAT), thats what the PLA in HK are there for
rott
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Thanks bro!
Jlaw
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Either way let's see if these asylum seekers start to cause more trouble like the Syrians did to German people during new year 2016.
TaiShang
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Hong Kong's global competitiveness ascending over 20 years
Source: Xinhua | 11:44 UTC+8 June 28, 2017 |
Buildings along the Victoria Harbour are illuminated to celebrate the 20 years of Hong Kong's return to China. -- IC
JOHNNY Ng, the first post-doctorate student from Hong Kong at Tsinghua University, could not understand Mandarin two decades ago and did not expect his business to thrive on the Chinese mainland.
Ng, chairman of Hong Kong United Youth Association, came to Beijing in 2004 for study, and unexpectedly found technology professionals who lent support to his company Titanium Group, which specializes in facial recognition systems. Years later, his products are widely used on the mainland.
His experience offers an example of closer ties between Hong Kong and the mainland, with Hong Kong entrepreneurs finding business opportunities on the mainland and helping sustain Hong Kong's global competitiveness.
July 1 marks the 20th anniversary of Hong Kong's return from British colonial rule and the establishment of the Hong Kong Special Administrative Region (HKSAR).
The past two decades witnessed the ascent of Hong Kong's global competitiveness, supported by a sound business environment, solid infrastructure, and a complementary Chinese mainland market.
The HKSAR was rated the most competitive among 63 economies, followed by Switzerland, Singapore and the United States, the second year in a row to occupy the top spot, according to the International Institute for Management Development (IMD) World Competitiveness Yearbook 2017.
Hong Kong ranked third on the IMD World Competitiveness scoreboard in 1997, trailing the United States and Singapore.
Among the four competitiveness factors in IMD World Competitiveness Yearbook 2017, Hong Kong ranked top globally in "government efficiency" and "business efficiency," according to the HKSAR government.
The indicators that stood out among the most improved economies were related to government and business efficiency as well as productivity, and these economies "have maintained a business-friendly environment that encourages openness and productivity," said Arturo Bris, director of the IMD World Competitiveness Center.
The view was echoed by Xiao Geng, professor at the University of Hong Kong, who said that the competitiveness of Hong Kong mainly came from its open and free market tradition and institutions.
"Although costs of production factors such as talent and land are very expensive, the transaction costs of making trade and finance deals are low, so that Hong Kong is becoming a global hub for trade, investment and finance," he said.
The steady rise of Hong Kong's global competitiveness was reflected in other leading rankings including the Global Competitiveness Index released by the World Economic Forum (WEF).
Ranked in the top 10 for the fifth consecutive year, Hong Kong achieved a strong and consistent performance, the WEF said in its Global Competitiveness Report 2016-2017.
The WEF cited the highly sophisticated and trustworthy financial sector, competitive and open market, as well as the flexible and efficient labor market as key factors supporting Hong Kong's high ranking.
"Behind the highly efficient trade and financial markets is Hong Kong's solid public infrastructure, both hard and soft, including high-density urban housing and transport systems, independent and robust legal and financial institutions, stable currency regime, and clean and efficient civil services," said Xiao, also president of the Hong Kong Institution for International Finance.
Hong Kong has been ranked among the world's most business-friendly economies since the World Bank began to release its Doing Business report in 2005. The Doing Business 2017 report ranked Hong Kong fourth for ease of doing business among 190 economies, compared to fifth in the previous report, said Klaus Koch-Saldarriaga, member of the World Bank's Doing Business team.
The Doing Business report finds that Hong Kong has created a better business environment in the past decade. Since 2008, Hong Kong has implemented 21 reforms to make it easier to do business, which translated into substantive improvements in the local business regulatory framework, he said.
HONG KONG-MAINLAND TOGETHER
The rise of Hong Kong's global competitiveness was in tandem with the reform and opening up of the mainland, whose ranking on the IMD World Competitiveness Yearbook climbed from 27 in 1997 to 25 in 2016 and jumped to 18 in 2017.
The remarkable improvement of the Chinese mainland in the ranking can be traced to its dedication to international trade, and "this continues to drive the economy and the improvement in government and business efficiency," said Bris of the IMD World Competitiveness Center.
Hong Kong is not alone in its competitiveness stamina, as it is partly a reflection of Chinese mainland's ascent in global competitiveness over the last two decades, said Wendy Liu, head of Nomura China equity research.
Under the "one country, two systems," Hong Kong is not only able to preserve the free market ecosystem but also deepen its economic integration with the mainland, particularly with the neighboring Guangdong Province, Xiao said.
"The complementary cities of Shenzhen as the mainland's top innovation center, Guangzhou as its major international and domestic trade hub, and Foshan and Dongguan as its key manufacturing bases, have helped Hong Kong deepen its financial markets for cross-border transactions, as demonstrated by the successful launch of a number of cross-border bridging services for trading of stocks and bonds in Hong Kong," Xiao said.
"Unlike our parents' generation who made profits by setting up plants on the mainland, young people in Hong Kong can tap the career development potential given by opportunities like the Belt and Road Initiative and the construction of Guangdong-Hong Kong-Macao Greater Bay Area," Ng said.
CHALLENGES, HOPES AHEAD
The HKSAR is not without its challenges to keep its global competitiveness, including innovation bottlenecks and high living costs.
"The challenge for Hong Kong is to evolve from one of the world's foremost financial hubs to become an innovative powerhouse," noted the WEF's Global Competitiveness Report 2016-2017.
Many say a top challenge facing Hong Kong is the lack of property supply. Hong Kong's low taxation, efficient governance, safe and clean environment and beautiful nature are appealing to talents and investors, but many have been held back by the high costs for housing and private education, said Liu.
Xiao believes that the main challenge for Hong Kong in the future is keeping its competitive institutions while relaxing a number of its physical and social bottlenecks and constraints in land, property and talents.
"Despite marked improvements, there are still areas to tackle in order to ease the business climate for local entrepreneurs in Hong Kong and achieve long-term sustainability of very good results, as there is room for improvement in the areas of registering property, trading across borders and resolving insolvency," said Koch-Saldarriaga of the World Bank.
However, Hong Kong will be able to maintain its global competitiveness since the main factors behind its success, including strong commitment of the central government to the "one country, two systems," deep and expanding mainland markets, and resilient market systems, have not changed, Xiao said.
"If Hong Kong entrepreneurs can fully tap the huge market and technology potential in the mainland, that will greatly help Hong Kong to keep its global competitiveness," Ng said.
http://www.shanghaidaily.com/nation...iveness-ascending-over-20-years/shdaily.shtml
Source: Xinhua | 11:44 UTC+8 June 28, 2017 |
Buildings along the Victoria Harbour are illuminated to celebrate the 20 years of Hong Kong's return to China. -- IC
JOHNNY Ng, the first post-doctorate student from Hong Kong at Tsinghua University, could not understand Mandarin two decades ago and did not expect his business to thrive on the Chinese mainland.
Ng, chairman of Hong Kong United Youth Association, came to Beijing in 2004 for study, and unexpectedly found technology professionals who lent support to his company Titanium Group, which specializes in facial recognition systems. Years later, his products are widely used on the mainland.
His experience offers an example of closer ties between Hong Kong and the mainland, with Hong Kong entrepreneurs finding business opportunities on the mainland and helping sustain Hong Kong's global competitiveness.
July 1 marks the 20th anniversary of Hong Kong's return from British colonial rule and the establishment of the Hong Kong Special Administrative Region (HKSAR).
The past two decades witnessed the ascent of Hong Kong's global competitiveness, supported by a sound business environment, solid infrastructure, and a complementary Chinese mainland market.
The HKSAR was rated the most competitive among 63 economies, followed by Switzerland, Singapore and the United States, the second year in a row to occupy the top spot, according to the International Institute for Management Development (IMD) World Competitiveness Yearbook 2017.
Hong Kong ranked third on the IMD World Competitiveness scoreboard in 1997, trailing the United States and Singapore.
Among the four competitiveness factors in IMD World Competitiveness Yearbook 2017, Hong Kong ranked top globally in "government efficiency" and "business efficiency," according to the HKSAR government.
The indicators that stood out among the most improved economies were related to government and business efficiency as well as productivity, and these economies "have maintained a business-friendly environment that encourages openness and productivity," said Arturo Bris, director of the IMD World Competitiveness Center.
The view was echoed by Xiao Geng, professor at the University of Hong Kong, who said that the competitiveness of Hong Kong mainly came from its open and free market tradition and institutions.
"Although costs of production factors such as talent and land are very expensive, the transaction costs of making trade and finance deals are low, so that Hong Kong is becoming a global hub for trade, investment and finance," he said.
The steady rise of Hong Kong's global competitiveness was reflected in other leading rankings including the Global Competitiveness Index released by the World Economic Forum (WEF).
Ranked in the top 10 for the fifth consecutive year, Hong Kong achieved a strong and consistent performance, the WEF said in its Global Competitiveness Report 2016-2017.
The WEF cited the highly sophisticated and trustworthy financial sector, competitive and open market, as well as the flexible and efficient labor market as key factors supporting Hong Kong's high ranking.
"Behind the highly efficient trade and financial markets is Hong Kong's solid public infrastructure, both hard and soft, including high-density urban housing and transport systems, independent and robust legal and financial institutions, stable currency regime, and clean and efficient civil services," said Xiao, also president of the Hong Kong Institution for International Finance.
Hong Kong has been ranked among the world's most business-friendly economies since the World Bank began to release its Doing Business report in 2005. The Doing Business 2017 report ranked Hong Kong fourth for ease of doing business among 190 economies, compared to fifth in the previous report, said Klaus Koch-Saldarriaga, member of the World Bank's Doing Business team.
The Doing Business report finds that Hong Kong has created a better business environment in the past decade. Since 2008, Hong Kong has implemented 21 reforms to make it easier to do business, which translated into substantive improvements in the local business regulatory framework, he said.
HONG KONG-MAINLAND TOGETHER
The rise of Hong Kong's global competitiveness was in tandem with the reform and opening up of the mainland, whose ranking on the IMD World Competitiveness Yearbook climbed from 27 in 1997 to 25 in 2016 and jumped to 18 in 2017.
The remarkable improvement of the Chinese mainland in the ranking can be traced to its dedication to international trade, and "this continues to drive the economy and the improvement in government and business efficiency," said Bris of the IMD World Competitiveness Center.
Hong Kong is not alone in its competitiveness stamina, as it is partly a reflection of Chinese mainland's ascent in global competitiveness over the last two decades, said Wendy Liu, head of Nomura China equity research.
Under the "one country, two systems," Hong Kong is not only able to preserve the free market ecosystem but also deepen its economic integration with the mainland, particularly with the neighboring Guangdong Province, Xiao said.
"The complementary cities of Shenzhen as the mainland's top innovation center, Guangzhou as its major international and domestic trade hub, and Foshan and Dongguan as its key manufacturing bases, have helped Hong Kong deepen its financial markets for cross-border transactions, as demonstrated by the successful launch of a number of cross-border bridging services for trading of stocks and bonds in Hong Kong," Xiao said.
"Unlike our parents' generation who made profits by setting up plants on the mainland, young people in Hong Kong can tap the career development potential given by opportunities like the Belt and Road Initiative and the construction of Guangdong-Hong Kong-Macao Greater Bay Area," Ng said.
CHALLENGES, HOPES AHEAD
The HKSAR is not without its challenges to keep its global competitiveness, including innovation bottlenecks and high living costs.
"The challenge for Hong Kong is to evolve from one of the world's foremost financial hubs to become an innovative powerhouse," noted the WEF's Global Competitiveness Report 2016-2017.
Many say a top challenge facing Hong Kong is the lack of property supply. Hong Kong's low taxation, efficient governance, safe and clean environment and beautiful nature are appealing to talents and investors, but many have been held back by the high costs for housing and private education, said Liu.
Xiao believes that the main challenge for Hong Kong in the future is keeping its competitive institutions while relaxing a number of its physical and social bottlenecks and constraints in land, property and talents.
"Despite marked improvements, there are still areas to tackle in order to ease the business climate for local entrepreneurs in Hong Kong and achieve long-term sustainability of very good results, as there is room for improvement in the areas of registering property, trading across borders and resolving insolvency," said Koch-Saldarriaga of the World Bank.
However, Hong Kong will be able to maintain its global competitiveness since the main factors behind its success, including strong commitment of the central government to the "one country, two systems," deep and expanding mainland markets, and resilient market systems, have not changed, Xiao said.
"If Hong Kong entrepreneurs can fully tap the huge market and technology potential in the mainland, that will greatly help Hong Kong to keep its global competitiveness," Ng said.
http://www.shanghaidaily.com/nation...iveness-ascending-over-20-years/shdaily.shtml
lastone
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Hong Kong marks 20 years since handover to China
Image copyrightREUTERS
Image captionCarrie Lam shakes hands with President Xi after swearing an oath of office in Hong Kong
The Chinese president has sworn in the new leader of Hong Kong, Carrie Lam, as the territory marks 20 years since its handover to China from Britain.
Xi Jinping joined a series of lavish events, including a flag-raising ceremony, amid tight police security.
But clashes have taken place between pro-democracy and pro-Beijing demonstrators close to the site, with several arrests made.
In a speech, Mr Xi said Hong Kong now enjoyed more freedom than ever before.
It was his first visit to the city since becoming leader in 2013 and comes three years after mass pro-democracy rallies crippled parts of the territory for months.
Media captionOne protester gets caught up in a scuffle with police
The pro-democracy party, Demosisto, said police had arrested five of its members, and four members from the League of Social Democrats.
Among those said by the group to have been arrested was Joshua Wong, the leader of the so-called umbrella protest movement.
Slammed to the ground - Juliana Liu, BBC News, Hong Kong correspondent
Image copyrightAFP/GETTY IMAGES
It was meant to be a routine demonstration by pro-democracy protesters.
The leaders of the League of Social Democrats and Demosisto had gathered to make their way to the square in the Wanchai district where the flag-raising ceremony was taking place. They were demanding greater voting rights for Hong Kong, as well the immediate release of the Chinese dissident Liu Xiaobo.
But without warning, scuffles began between the demonstrators and the police. Faces were slammed to the ground. And then pro-Beijing supporters turned up, waving flags and blaring patriotic music. Each side was shouting abuse at the other.
The tussle went on for more than an hour, with it ending only after the leaders of the pro-democracy demonstration were led away by police, who called it an illegal gathering.
Meanwhile, Mr Xi has overseen the swearing in of the newly-elected chief executive of the territory, Carrie Lam, along with the rest of her cabinet. She is Hong Kong's first female leader.
In a speech on Saturday the Chinese president said Hong Kong now enjoyed more freedom than ever before, but warned against "impermissible" challenges to Beijing's authority over the city.
"Any attempt to endanger China's sovereignty and security, challenge the power of the central government... or use Hong Kong to carry out infiltration and sabotage activities against the mainland is an act that crosses the red line and is absolutely impermissible," he said.
Read more about Hong Kong since the handover:
Helicopters flew overhead as onlookers cheered at the ceremony in Golden Bauhinia Square, central Hong Kong.
On Friday, an official protest zone near the convention centre where Mr Xi was guest of honour at an anniversary banquet and variety performance was heavily patrolled, as demonstrators gathered chanting "end one-party dictatorship".
Image copyrightAFP/GETTY IMAGES
Image captionHelicopters pass the flags of China and Hong Kong at Golden Bauhinia Square
Image copyrightREUTERS
Image captionCarrie Lam arrives for the flag raising ceremony ahead of her swearing in as chief executive
Image copyrightREUTERS
Image captionThe flags of China and Hong Kong are raised during a ceremony on Saturday
There is growing concern that the Chinese central government is undermining Hong Kong's more politically liberal traditions, despite its promise to give it a high degree of autonomy under the "one country, two systems" principle.
Democracy campaigners clashed with pro-Beijing supporters near the venue, with police separating the two sides.
Among the pro-democracy activists was Mr Wong, who earlier told demonstrators that the only person responsible for "causing a public nuisance" was "Xi Jinping".
Image copyrightAFP/GETTY IMAGES
Image captionPresident Xi (centre-right, wearing red tie) joins performers in singing "My Country"
He and 25 other activists were arrested on Wednesday for "breaking the 'public nuisance' law" after climbing into a golden sculpture of a bauhinia flower, Hong Kong's emblem.
The sculpture, which sits by the city's harbour front, was a gift from China and an iconic landmark symbolising the handover.
The demonstrators, who were demanding greater political freedoms, also called for the release of terminally ill Chinese dissident Liu Xiaobo.
Media captionStudent leader Joshua Wong was dragged away by police officers earlier this week
Mr Wong was released on Friday morning, the political party Demosisto, founded by him and legislator Nathan Law, said in a tweet.
Police said in a statement the activists had been released on bail and must report back to police in September. They have not been charged.
Their protest was the second one this week at the monument - activists had earlier draped a large black flag over the sculpture and were stopped by police.
Read more about Hong Kong since the handover:
Mr Xi gave a short speech on Thursday after his arrival where he pledged Beijing's support for Hong Kong, and later met with the city's outgoing leader Leung Chun-ying and other officials.
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Image captionCarrie Lam shakes hands with President Xi after swearing an oath of office in Hong Kong
The Chinese president has sworn in the new leader of Hong Kong, Carrie Lam, as the territory marks 20 years since its handover to China from Britain.
Xi Jinping joined a series of lavish events, including a flag-raising ceremony, amid tight police security.
But clashes have taken place between pro-democracy and pro-Beijing demonstrators close to the site, with several arrests made.
In a speech, Mr Xi said Hong Kong now enjoyed more freedom than ever before.
It was his first visit to the city since becoming leader in 2013 and comes three years after mass pro-democracy rallies crippled parts of the territory for months.
Media captionOne protester gets caught up in a scuffle with police
The pro-democracy party, Demosisto, said police had arrested five of its members, and four members from the League of Social Democrats.
Among those said by the group to have been arrested was Joshua Wong, the leader of the so-called umbrella protest movement.
Slammed to the ground - Juliana Liu, BBC News, Hong Kong correspondent
It was meant to be a routine demonstration by pro-democracy protesters.
The leaders of the League of Social Democrats and Demosisto had gathered to make their way to the square in the Wanchai district where the flag-raising ceremony was taking place. They were demanding greater voting rights for Hong Kong, as well the immediate release of the Chinese dissident Liu Xiaobo.
But without warning, scuffles began between the demonstrators and the police. Faces were slammed to the ground. And then pro-Beijing supporters turned up, waving flags and blaring patriotic music. Each side was shouting abuse at the other.
The tussle went on for more than an hour, with it ending only after the leaders of the pro-democracy demonstration were led away by police, who called it an illegal gathering.
Meanwhile, Mr Xi has overseen the swearing in of the newly-elected chief executive of the territory, Carrie Lam, along with the rest of her cabinet. She is Hong Kong's first female leader.
In a speech on Saturday the Chinese president said Hong Kong now enjoyed more freedom than ever before, but warned against "impermissible" challenges to Beijing's authority over the city.
"Any attempt to endanger China's sovereignty and security, challenge the power of the central government... or use Hong Kong to carry out infiltration and sabotage activities against the mainland is an act that crosses the red line and is absolutely impermissible," he said.
Read more about Hong Kong since the handover:
- Beijing's struggle to win HK's young hearts
- Chris Patten: HK democracy cannot be ignored
- Why Britain returned Hong Kong to China
Helicopters flew overhead as onlookers cheered at the ceremony in Golden Bauhinia Square, central Hong Kong.
On Friday, an official protest zone near the convention centre where Mr Xi was guest of honour at an anniversary banquet and variety performance was heavily patrolled, as demonstrators gathered chanting "end one-party dictatorship".
Image captionHelicopters pass the flags of China and Hong Kong at Golden Bauhinia Square
Image captionCarrie Lam arrives for the flag raising ceremony ahead of her swearing in as chief executive
Image captionThe flags of China and Hong Kong are raised during a ceremony on Saturday
There is growing concern that the Chinese central government is undermining Hong Kong's more politically liberal traditions, despite its promise to give it a high degree of autonomy under the "one country, two systems" principle.
Democracy campaigners clashed with pro-Beijing supporters near the venue, with police separating the two sides.
Among the pro-democracy activists was Mr Wong, who earlier told demonstrators that the only person responsible for "causing a public nuisance" was "Xi Jinping".
Image captionPresident Xi (centre-right, wearing red tie) joins performers in singing "My Country"
He and 25 other activists were arrested on Wednesday for "breaking the 'public nuisance' law" after climbing into a golden sculpture of a bauhinia flower, Hong Kong's emblem.
The sculpture, which sits by the city's harbour front, was a gift from China and an iconic landmark symbolising the handover.
The demonstrators, who were demanding greater political freedoms, also called for the release of terminally ill Chinese dissident Liu Xiaobo.
Media captionStudent leader Joshua Wong was dragged away by police officers earlier this week
Mr Wong was released on Friday morning, the political party Demosisto, founded by him and legislator Nathan Law, said in a tweet.
Police said in a statement the activists had been released on bail and must report back to police in September. They have not been charged.
Their protest was the second one this week at the monument - activists had earlier draped a large black flag over the sculpture and were stopped by police.
Read more about Hong Kong since the handover:
- Golden geese and democracy 'infections' - did predictions come true?
- When HK languages get political
- Hong Kong's hidden colonial relics
Mr Xi gave a short speech on Thursday after his arrival where he pledged Beijing's support for Hong Kong, and later met with the city's outgoing leader Leung Chun-ying and other officials.
Much ado about nothing.
bbccdd1470
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One thing I assure that BBC have no shame, how could they point their finger when their people were doing much worse in their given chance. As other links, some topics are politicized with biased opinion, and some are self praised with imagination, like care HK democratic shit where I have to say "really".
+4vsgorillas-Apebane
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Wait til the pro Beijing crowd comes out and drown this tiny rabble of traitors and sellouts.
bbccdd1470
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I'm kind of surprise that how few people are participating in 7/1 protest like other protests in the last few years, I believe that the Umbrella revolution has really woken many people up to realize the true intention behind the scene.
grey boy 2
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Not surprising at all, "Faked Democracy Slogan" can only fool people that far, their double standard behavior clearly exposed the evil agenda is to take over the ruling power of HK from our motherland
ito
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Man that is huge...it seem all of HK is on roads.
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