CE Says 'reform From The Bottom' Is Now Her Priority
"); jQuery("#212 h3").html("

"); });
2020-07-15 HKT 21:14
Chief Executive Carrie Lam says Hong Kong needs to "reform from the bottom" after a year of often violent anti-government protests, and that's going to be her priority in the next two years.
In an interview with state media Xinhua, Lam said after the social unrest last year, Hong Kong people need to deepen their understanding of One Country, Two Systems.
She said for the remaining two years of her five-year term, the focus will be on "restoring order out of chaos" and help people to "get the fundamentals right."
But Lam admitted that progress would not be seen right away.
The chief executive said change must start with education – not just in schools, but also in the family, media, and society overall.
Lam said the rule of law was trampled on during the social unrest, with some educators advocating "achieving justice by violating the law".
"This chaotic situation must be reversed," she said.
On the national security law Beijing imposed on Hong Kong about a fortnight ago, she said it's timely and necessary, and people will find out over time that there's no need to worry at all.
She said she isn't worried about US sanctions, saying it won't shake people's confidence in Hong Kong, but rather the security law will consolidate the confidence of investors and businesses.
Critics have said the law undermines people's freedoms and Hong Kong's role as an international finance centre.
Hong Kong's leader said there are still plenty of opportunities ahead, such as from the Greater Bay Area, the Belt and Road initiative and cooperation with Association of Southeast Asian Nations members.
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
