Beijing Upholds Patriots-only Rule In HK: Premier
"); jQuery("#212 h3").html("

"); });
2022-03-05 HKT 11:53
Premier Li Keqiang said on Saturday that Beijing will uphold the principle that only patriots will govern Hong Kong, while reaffirming the spirit of the one country two systems principle and Hong Kong people administering Hong Kong.
Delivering the government's work report during the opening meeting of the National People's Congress in the capital, Li said Beijing will fully support the work of the SAR government in accordance with the law.
"We will ensure that the central government exercise overall jurisdiction over the two SARs and also uphold the principle that Hong Kong and Macau should be governed by patriots," he said.
"And we will help Hong Kong and Macau develop their economies and improve the people's wellbeing, and see that the two regions better integrate themselves into the country's overall development, and maintain long-term prosperity and stability.”
He said Beijing will continue to implement the principles of One Country, Two Systems, Hong Kong people governing Hong Kong and a high degree of autonomy accurately and staunchly.
On Taiwan, the premier said people on both sides of the Taiwan Strait should come together to advance the cause of China’s rejuvenation and unification.
He said Beijing is resolutely against pro-independence separatist behaviour and any interference of foreign powers.
Circle CEO Says China Could Launch Yuan Stablecoin In 3 To 5 Years As Trade Grows
Circle CEO Jeremy Allaire predicts that China could roll out a yuan stablecoin within three to five years to expand the... Read more
Naver IPO Timeline Set As Dunamu Merger Targets Nasdaq Debut
Preparations for a Naver IPO are underway following an agreement between Naver Financial and cryptocurrency exchange op... Read more
TransUnion Urges Lenders To Rethink Credit Risk For Gig Workers In Hong Kong
TransUnion is urging lenders to update their risk assessment models, revealing that gig workers in Hong Kong exhibit st... Read more
Citi And Endowus Roll Out HK$4,000 Wealth-Linked Credit Card Campaign
Citi and digital wealth platform Endowus have launched a joint credit card promotion in Hong Kong, expanding the Citi E... Read more
Aspire Secures SFC License In Hong Kong To Launch SME Yield Product
Singapore-headquartered fintech Aspire has secured three financial licenses from the Securities and Futures Commission ... Read more
Why Stablecoins May Become The Backbone Of 24/7 Global Trade
Stablecoin transaction volumes surged 72% in 2025, reaching a record US$33 trillion and signalling growing institutiona... Read more
