Changes To Constitution A Step Forward: HK Deputy
"); jQuery("#212 h3").html("

"); });
2018-03-05 HKT 11:20
A Hong Kong deputy to the National People's Congress (NPC), Peter Wong, said that the proposals to amend the Chinese constitution is not a move backward, but a step forward towards an enhanced democracy.
The Standing Committee of the National People’s Congress also proposed amending the constitution to remove the two-term limit on the president, adding President Xi’ Jinping's Thought on Socialism with Chinese Characteristics for a New Era in the document, as well as creating a new anti-graft super body calls the National Supervision Commission.
The Standing Committee has said that during consultations and studies, officials and communist party members unanimously supported the changes.
Wong said the changes are good for the country's development. "You have a supervisory committee to check on all government public servants, including the president and the vice-president. If they are not doing their job, the supervisory committee should act. So it is a more enhanced democratic system," he said.
The supervisory element will also remove fears about any individual "becoming a king", Wong said.
OKI And Hitachi To Launch Joint Venture For ATM And Automated Equipment In October
OKI, Hitachi, and Hitachi Channel Solutions have announced that they have reached agreements to integrate their automat... Read more
The Race For Hong Kongs First Stablecoin Licenses Is Almost Over
I’ve been refreshing the Hong Kong Monetary Authority’s register of licensed stablecoin issuers frequently over the... Read more
HTF Securities And Alchemy Pay Expand Hong Kong Type 1 License For Virtual Assets
Alchemy Pay has announced that, in partnership with HTF Securities Limited, it has successfully expanded HTF Securities... Read more
Ping An Digital Bank Rebrands As Deposits Exceed HK$12 Billion
Ping An Digital Bank has introduced a new brand identity, aligning more closely with its parent, Ping An Insurance. The... Read more
Futus PantherTrade Launches Full-Scale Licensed Operations In Hong Kong
Futu has announced that its wholly-owned virtual asset trading platform, PantherTrade, has begun full-scale licensed op... Read more
Mastercard Enables AI Agent To Complete Live Ride-Booking Payment In South Korea
Mastercard has completed a live, authenticated agentic transaction in South Korea, marking a key development in AI-powe... Read more
