In the ongoing debate about Hong Kong’s special status within China, the question of why it should be more special than other cities arises. Beijing’s top envoy in Hong Kong, Zheng Yanxiong, has called for the city to shift its focus from being a “superconnector” to a “super moneymaker”, emphasizing the need for economic growth and development.
Zheng’s call for Hong Kong to pursue prosperity echoes Beijing’s commitment to the “one country, two systems” policy while urging the city to maintain its unique features. These include strong connectivity, the rule of law, and a rich culture that differentiate Hong Kong from its mainland counterparts.
As Hong Kong faces economic challenges and geopolitical uncertainties, the need for a viable “fat choi” strategy to drive economic growth becomes paramount. Chief Executive John Lee Ka-chiu remains optimistic about the city’s future, emphasizing the importance of confidence and pragmatism in navigating turbulent waters.
The debate over Hong Kong’s future continues, with proponents of the city’s resilience countering doomsday narratives. The key lies in identifying and implementing the city’s “super moneymaker” role amidst evolving economic landscapes to ensure its continued success.