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Securities Times News, CCTV news, Hong Kong Special Administrative Region Chief Executive Li Jiachao officially announced on May 2 to improve the regional governance proposals, the Hong Kong District Council will introduce a qualification review system.

Li Jiachao said that the SAR government should fundamentally improve the regional governance structure, improve regional governance capabilities, and enhance regional governance efficiency, so that all citizens can benefit. The plan is designed according to three principles. First, national security must be given top priority, and the policy of “one country, two systems” must be fully, accurately and unswervingly implemented; second, the principle of “patriots governing Hong Kong” must be fully implemented; third, full Demonstrate executive leadership.

The program addresses multiple focuses. In order to ensure national security and fully implement the principle of “patriots governing Hong Kong”, the District Council will introduce a qualification review system, and all members must pass the qualification review mechanism to confirm their qualifications. In addition, the government will introduce a performance monitoring system to ensure that District Councilors perform their due duties, including investigating and dealing with District Councilors whose behavior does not meet public expectations.

Disclaimer: The Securities Times strives for truthful and accurate information, and the content mentioned in the article is for reference only and does not constitute substantive investment advice, so operate at your own risk

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Securities Times Net News, CCTV News, Hong Kong Special Administrative Region Chief Executive Li Jiachao officially announced on May 2 the improvement of regional governance proposals, the Hong Kong District Council will introduce a qualification review system.

Li Jiachao said that the SAR government should fundamentally improve the regional governance structure, improve regional governance capabilities, and enhance regional governance efficiency, so that all citizens can benefit. This plan is designed according to three principles. First, national security must be given top priority, and the policy of “one country, two systems” must be fully, accurately and unswervingly implemented; second, the principle of “patriots governing Hong Kong” must be fully implemented; third, full Demonstrate executive leadership.

The program addresses multiple focuses. In order to ensure national security and fully implement the principle of “patriots governing Hong Kong”, the District Council will introduce a qualification review system, and all members must pass the qualification review mechanism to confirm their qualifications. In addition, the government will introduce a performance monitoring system to ensure that District Councilors perform their due duties, including investigating and dealing with District Councilors whose behavior does not meet public expectations.

Disclaimer: The Securities Times strives for truthful and accurate information, and the content mentioned in the article is for reference only and does not constitute substantive investment advice, so operate at your own risk

Download the “Securities Times” official APP, or follow the official WeChat public account, you can keep abreast of stock market trends, gain insights into policy information, and seize wealth opportunities.

According to CCTV news, at 10:30 on May 2, Beijing time, the International Monetary Fund (IMF) released the “Asia and Pacific Region Economic Outlook Report”. The report pointed out that in the context of the current tightening global financial environment, high inflation, and the US and European banking crises dragging down economic growth, the strong rebound of the Chinese economy has provided a huge impetus for the Asia-Pacific and global economies. China and India will drive economic growth in the Asia-Pacific region to 4.6% in 2023, up from 3.8% in 2022. This forecast is an increase of 0.3% from the “World Economic Outlook Report” released by the IMF in October 2022. This also means that the contribution rate of the Asia-Pacific region to global economic growth this year will be as high as about 70%, and within the Asia-Pacific region, China’s contribution to global economic growth ranks first.

Disclaimer: The Securities Times strives for truthful and accurate information, and the content mentioned in the article is for reference only and does not constitute substantive investment advice, so operate at your own risk

Download the “Securities Times” official APP, or follow the official WeChat public account, you can keep abreast of stock market trends, gain insights into policy information, and seize wealth opportunities.