Author: Emily Hung,Edith Lin

In a recent resolution, the Chinese Communist Party emphasized the importance of leveraging Hong Kong’s ‘one country, two systems’ advantage to solidify its position as an international finance, maritime, and trading hub. The resolution also aims to support Hong Kong and Macau in becoming hubs for international high-end talent and enhancing their contributions to the country’s open-up effort. The document, endorsed by the 20th Central Committee, underscores the significance of integrating the Greater Bay Area to create an economic powerhouse by linking Hong Kong, Macau, and nine southern mainland cities through connected systems and rules. Beijing’s move to allow non-Chinese…