As one of the most attractive cities in the world, Hong Kong has strong soft power, mainly reflected in a sound legal system, strong property rights protection, social security, and high government transparency. In the more than two decades since the reunification, Hong Kong’s economy has shown its unique resilience in the course of its oscillations, and its average annual growth rate is significantly higher than that of the world’s advanced economies.
Hong Kong is one of the most important cities in the world. Soft environment construction is the main source of Hong Kong’s competitiveness and attractiveness. As an important financial and commercial center and international shipping and trade center in the world, Hong Kong has a sound legal system, strong property rights protection, social security and high government transparency. According to the US Heritage Foundation’s comprehensive evaluation of the four dimensions of the rule of law, market openness, regulatory efficiency, and government scale, Hong Kong’s economic freedom ranks first in the world for a long time.
In 2019, Hong Kong has gone through a very extraordinary year, experienced ups and downs, tasted the complex taste of joy and sorrows, bitterness and sweetness. Hong Kong has experienced the most severe situation since the handover after a prolonged period of revision. However, with the introduction of a series of regulations on national security and local security in 2020, a long-term policy to ensure the stability of “one country, two systems” is conducive to more effective prevention and control of national security risks, and to the maintenance of Hong Kong’s long-term prosperity, stability and long-term security. It is conducive to the protection of the legal rights and freedoms of the broadest citizens of Hong Kong, to better safeguard the Hong Kong Special Administrative Region ’s enjoyment of a high degree of autonomy according to law, and to the maintenance of the rule of law environment and business environment in Hong Kong. It is foreseeable that Hong Kong will be safer and economic development and will be more prosperous in the future.
Of course, there are still many benefits to Hong Kong. Taking advantage of the rapid development of the Industrial Revolution and globalization, Hong Kong has become one of the most important financial and trade centers in the world by virtue of its unique geographical location. Under the background of the construction of the “Belt and Road” and the accelerated internationalization of the renminbi, along with the micro-rising of the mainland and the deepening of reform and opening up, Hong Kong’s “geographic location” as the connection point between China and the world is more obvious and will become a supporting area, as well as the core driving force of economic development.
What’s more, Talent advantages, financial advantages, and loose immigration policies are the “human harmony” of Hong Kong’s development. In the new wave of globalization, the inclusiveness and absorption of Hong Kong society will be further demonstrated.
In 2020, a safer and more prosperous Hong Kong looks forward to your arrival.
Company Name: Global Insight
Contact Person: Joy Song
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