Global Times

HK needs to focus on boosting economy

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Hong Kong’s special characteri­stics were on full display on July 1 as grand celebratio­ns of the 20th anniversar­y of its return to China were staged. There were also demonstrat­ions organized by opposition parties, but the scale of the two was vastly diff erent. The Western media continued to pour cold water on “one country, two systems,” albeit with limited infl uence.

In his address to mark the event, President Xi Jinping mentioned a “red line.” He said that “any attempt to endanger China’s sovereignt­y and security, challenge the power of the Central Government and the authority of the Basic Law of the HKSAR or use Hong Kong to carry out infi ltration and sabotage activities against the mainland is an act that crosses the red line, and is absolutely impermissi­ble.”

In fact, after going through recent turbulent years, more and more people in Hong Kong have cast off their mis- guided views promoted by radical opposition forces that “freedom and democracy has no bottom line.” A small number of people tried to challenge the Basic Law and the authority of the Central Government, but they didn’t succeed. The Occupy Central movement didn’t realize their goal, except to disrupt the city’s normal life. A few lawmakers were disqualifi ed after an oath- taking controvers­y.

Hong Kong’s high- degree of autonomy must be based on a strong political bottom line, which people cannot cross. This principle has been recognized by Hong Kong society. Opposition forces in Hong Kong need to carry out their activities based on the law. But these forces are taking provocativ­e moves to seek attention, advocating Hong Kong independen­ce. They are making political trouble for Hong Kong.

Developmen­t is a fundamenta­l issue for Hong Kong after reunifi cation, and the city can get no benefi t from creat- ing sensationa­l political agendas. With the changing global economic pattern, almost all countries, regions and industries are facing challenges, and Hong Kong is no exception.

Hong Kong has realized further developmen­t in the past 20 years, with its GDP per capita jumping from $ 27,000 to $ 45,000. However, adapting to the changing world economy is not an easy task for Hong Kong. Blaming politics for economic frustratio­ns will only jeopardize the city’s future developmen­t.

Hong Kong, in the past, functioned as an “intermedia­ry” linking the Chinese mainland and the West in economy and politics. But with China’s opening- up, the mainland is extensivel­y connected with global markets, and Hong Kong’s weakening role as the bridge is an irreversib­le trend.

However, Hong Kong has maintained its uniqueness, and “one country, two systems” ensures that the city will continue to constructi­vely play the role of a “political intermedia­ry” between the mainland and the West. Increasing­ly integrated with the mainland’s economy, Hong Kong will have more mature conditions and better opportunit­ies to function as an Asia- Pacific fi nancial center.

The city should extricate itself from political turmoil and concentrat­e on boosting economic vitality as early as possible. Soaring property prices, unemployme­nt and other livelihood issues are common among developed cities. With the mainland at its back, Hong Kong has advantages in addressing these problems. It should strive to tap its potential and avoid being distracted by political agendas hyped by a minority of people.

Hong Kong has a promising future. Young people there should have an independen­t mind and avoid being misled by the very few radicals and Western public opinion.

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