Beijing Determined On Security Law: Han Zheng
"); jQuery("#212 h3").html("

"); });
2020-05-24 HKT 15:24
Beijing’s top man on Hong Kong, Vice Premier Han Zheng, was quoted as saying on Sunday that Beijing’s controversial decision to directly enact national security laws in Hong Kong was ‘considered thoroughly’ as he warned people ‘not to underestimate’ the central government’s determination in implementing the legislation.
His remarks were relayed to RTHK after 36 Hong Kong delegates to the National People’s Congress met with Han at the Great Hall of the People in Beijing on Sunday.
Han told the delegates that the decision is an extremely significant one that can ensure that the ‘One Country, Two Systems’ principle can continue to function in Hong Kong,
The vice premier is also quoted as saying that the SAR can play a great role in China’s development, and he hopes to strengthen Hong Kong's status as a financial, trade and aviation hub.
Han is said to have told the Hong Kong representatives to do more to promote and explain the coming legislation, try to settle the people down, and to support Chief Executive Carrie Lam and the Hong Kong government.
He’s also quoted as saying that the Hong Kong government has Beijing's strong backing.
The vice premier is said to have explained that Beijing’s decision to directly impose national security laws doesn’t release Hong Kong from having to fulfill its constitutional duty to enact its own legislation under Article 23 of the Basic Law – suggesting that the Beijing-imposed legislation and the locally-enacted laws will work in tandem.
The head of the Hong Kong and Macau Affairs Office, Xia Baolong, and Luo Huining – who heads Beijing's Liaison Office in Hong Kong –were also at the meeting.
HSBC Launches TradeCash In Hong Kong To Accelerate Trade Finance Access
HSBC has launched a digital trade finance tool called HSBC TradeCash, allowing businesses in Hong Kong to upload sales ... Read more
HKEX And HKMA Launch Pilot On E-HKD For After-Hours Margin Payments
Hong Kong Exchanges and Clearing Limited (HKEX) and the Hong Kong Monetary Authority (HKMA) have launched a joint pilot... Read more
Can You Trust AI Agents To Stay Within Your Intent?
Checking someone’s ID at the door of a nightclub tells you who they are, but it does not tell you how they will behav... Read more
China CITIC Bank Taps Tencent Cloud For Fintech 2.0 Banking Push In Hong Kong
Tencent Cloud has signed a strategic cooperation agreement with China CITIC Bank International (CNCBI) to support the d... Read more
Payful Launches Cloud-Based Visa Charge Card Programme Via BPC SmartVista
Chinese cross-border payment company Payful has launched a cloud-native Visa charge-card programme for corporate and me... Read more
Hong Kong Banking Taskforce Convenes To Plan Northern Metropolis Financing
The Northern Metropolis Financial Advisory Taskforce held its inaugural meeting on 17 June to discuss the financing nee... Read more
