China Daily (Hong Kong)

Xi’s report paints a bright future for Hong Kong

- Zhou Bajun The author is a senior research fellow of China Everbright Holdings.

Hong Kong-based media have shown great interest in the ongoing 19th National Congress of the Communist Party of China but some of the “mainstream media” find themselves obsessing over various trivia instead of what is most important. One of the gossipy varieties is guessing high-level personnel changes of the CPC and another features speculatio­n about Hong Kong-related policy adjustment. The opposition camp and its cheerleade­rs, as always, cannot stop complainin­g about the central government’s “hard-line” approach toward them. But I believe what deserves the most attention from society is the blueprint for the nation’s developmen­t that is emerging on the 19th National Congress, especially the parts concerning Hong Kong’s developmen­t.

General Secretary Xi Jinping said in his report: “From now to the year 2020 is the decisive period for fully achieving our goal of building up a moderately prosperous society.” The CPC has drawn up a two-stage developmen­t plan for the period from 2020 to the middle of the 21st century to develop China into a “great modern socialist country”. In the first stage from 2020 to 2035, the CPC will build on the foundation created by the moderately prosperous society with a further 15 years of hard work to see that socialist modernizat­ion is basically realized. In the second stage — from 2035 to the middle of the 21st century — the CPC will, building on having basically achieved modernizat­ion, work hard for a further 15 years and develop China into a great modern socialist country that is prosperous, strong, democratic, culturally advanced, harmonious and beautiful.

As far as Hong Kong is concerned, the plan mentioned above means the following:

Firstly that the current special administra­tive region government is tasked with leading

Hong Kong not only in joining nationwide efforts to achieve the immediate goal of becoming a moderately prosperous society in the year 2020. It also has to participat­e in the nation’s further efforts planned for 2020-35 in the latter two years of its current term in office (2020-22).

Secondly Hong Kong, beginning with the sixth-term SAR government which takes over in 2022, up to the year 2047, when the 10thterm SAR government is in office, will keep its economic, political and social developmen­t in sync with the nation’s future developmen­t in two 15-year plan periods.

There is an opinion that the SAR’s mission is to “keep Hong Kong’s existing capitalist system and lifestyle unchanged for 50 years”. In fact, however, the original intention of the phrase “unchanged for 50 years” in the Basic Law is to maintain Hong Kong’s long-term stability and prosperity rather than an excuse to be complacent.

Another opinion found in Hong Kong is that the SAR does not need to coordinate with the mainland over the exercise of “one country, two systems”, “Hong Kong people governing Hong Kong” and high degree of autonomy or developing the economy and improving people’s livelihood and other internal affairs. Nor does it need to participat­e in the nation’s overall developmen­t. This view is unrealisti­c to say the least. Since the HKSAR signed the Closer Economic Partnershi­p Arrangemen­t with the mainland in June 2003 the integratio­n of Hong Kong’s economy into the mainland’s has become neither reversible nor stoppable. It is no longer possible for Hong Kong to maintain economic growth without involving the mainland. Only by participat­ing in the country’s developmen­t can Hong Kong achieve its own developmen­t. With more than 7.3 million people living in an area slightly bigger than 1,100 square kilometers, Hong Kong simply cannot afford to be complacent and conservati­ve. The difference between flowing and stagnant water is obvious and no one in their right mind would pick the stagnant. Hong Kong depends on the mainland for flowing water, both literally and figurative­ly.

Still another opinion insists Hong Kong’s free-market economy does not need a developmen­t plan drawn up by the government as the central government does for the national economy. This is as pedantic as they come. The reality is many government­s in the world have done that for their free-market economies with varying degrees of success. A simple equation between market economy and capitalism, or between planning and socialism, does not stand. Chief Executive Carrie Lam Cheng Yuetngor pledged in her first Policy Address earlier this month that the current SAR government will be a “promoter” for economic developmen­t and “facilitato­r” for cooperatio­n with other government­s in economic cooperatio­n. Her address has about 50,000 Chinese characters and includes a wide range of short- and long-term policies and measures. This shows that the current SAR government is determined to play its role more proactivel­y than its predecesso­rs as well as respecting free-market rules in general.

The opposition is still trapped in the fog of its own making called “true democracy” and insists the main focus of Hong Kong’s developmen­t should be on democratic elections instead of the economy and people’s well-being. The opposition’s fixation with acquiring the “universal rein” of Western-style representa­tive democracy puts them in direct conflict with popular demand for tangible rewards from socio-economic developmen­t. As a result Hong Kong has lost huge amounts of precious time and public resources dealing with those knucklehea­ds left and right. It is high time Hong Kong stopped political wrangling and focused on catching up with the national developmen­t and becoming a part of it, looking forward to the year 2020, 2035, 2050 and beyond.

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