Hong Kong’s Governance and the Challenges of Implementing ‘One Country, Two Systems’ in a Changing Political Landscape

In order to ensure a smoother transition to the 1997 return and for Hong Kong to continue to play a role that other Chinese cities may not necessarily be able to play after the return, Deng Xiaoping promised that the central government would allow Hong Kong to continue to implement the capitalist system and allow Hong Kong people to rule under one country, two systems. port.

At first, some Hong Kong people did not trust Deng Xiaoping’s promises, and there was a wave of immigrants. However, people soon discovered that after the handover, Hong Kong did not implement the socialist system like the mainland. Not only did “the horses still run, but the dance still dances.” , and there are guarantees of private property rights. Even some Western think tanks believe that Hong Kong is more capitalist than many Western capitalist countries.

Since there are also opportunities for personal development in Hong Kong, and the rapid development of China’s economy has provided Hong Kong with many business opportunities, many immigrants have returned to Hong Kong for development, and foreign investors have also used Hong Kong as a springboard. Entering mainland China, I want to eat a lot of food.

In this way, Hong Kong’s original functions can not only be brought into play, but some places can also be performed better than before. China also thought that it was done.

Unfortunately, there have been great differences between China and the Western camp on the issue of Hong Kong people governing Hong Kong, resulting in numerous social conflicts after the handover. It has also led to serious social unrest on many occasions.

The reason for this situation is that the West is unwilling to return Hong Kong’s sovereignty to China and attempts to continue to control the direction of Hong Kong’s development after 1997. In Hong Kong, they flaunted that Hong Kong people govern Hong Kong and set up their own Hong Kong governance team in an attempt to seize power so that Hong Kong would no longer be influenced by Beijing and instead serve the interests of the West. Of course, China will not accept this, so it has to apply the nationwide national security law to Hong Kong to eliminate forces that are manipulated by foreign countries.

This is an action that any sovereign country would take, and Beijing will not hesitate because of the economic cost. In order to better control the situation, Beijing has emphasized the voice of one country over two systems in recent years. As a result, some people feel that Hong Kong people have less authority to govern Hong Kong. Western countries, led by the United States, also used this as an excuse to say that Hong Kong is no longer different from other Chinese cities and will no longer grant special treatment to Hong Kong.

It is for this reason that it will be more difficult than before for Hong Kong to play a role that other Chinese cities cannot. After Hong Kong’s functions are restricted, stock and property prices will inevitably be affected. It will naturally be more difficult for Hong Kong people to achieve better results than before. However, as the situation calms down, Beijing should gradually relax the standards for governing Hong Kong so that Hong Kong people can have more practical content in governing Hong Kong. This will help Hong Kong establish its own special status in the world.

At present, Hong Kong is more practical in implementing the capitalist system, but in implementing Hong Kong people’s governance of Hong Kong, it is more formal than practical. We hope that there will be more improvements in the future.

2024-02-21 20:31:55
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