Business Leaders Urged by John Lee Ka-Chiu to Transform Hong Kong
Driving Innovation for Hong Kong's Future
John Lee Ka-Chiu, the Chief Executive of Hong Kong, has urged local business leaders to play a pivotal role in reinventing the city's economic landscape. His call for reform comes in light of remarks made by Xia Baolong, director of the Hong Kong and Macau Affairs Office, during a meeting with 29 prominent business figures in Shenzhen. He highlighted the need for innovation and international events to revitalise Hong Kong and attract foreign investment.
Enhancing Competitiveness Through Innovation
Acknowledging the need for change, Xia Baolong underscored Hong Kong's potential to leverage its unique resources, particularly in the tourism sector. He presented strategies to develop wellness tourism and other cultural ventures, emphasizing the city's vibrant attributes.
- Encouragement for entrepreneurial responsibility and participation in land bidding.
- Investment in innovation to establish robust economic frameworks.
- Utilization of Hong Kong's coastal and cultural assets for tourism growth.
Global Engagement and Economic Support
Beijing reassures its unwavering support for Hong Kong’s unique status under the 'one country, two systems' principle. The central government, exemplified by President Xi Jinping, calls for expanded contributions to national reform and modernisation.
- Promotion of international exchanges to boost tourism.
- Development of actionable tourist industry blueprints.
As the meeting concluded, business leaders such as Raymond Kwok Ping-luen (Sun Hung Kai Properties) and Daryl Ng Win-kong (Sino Group) echoed the urgency for immediate actions to support Hong Kong's evolving landscape.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.