Electoral Overhaul Frees Up HK, Says Patriotic Zeman
"); jQuery("#212 h3").html("

"); jQuery(document).ready(function() { jwplayer.key='EKOtdBrvhiKxeOU807UIF56TaHWapYjKnFiG7ipl3gw='; var playerInstance = jwplayer("jquery_jwplayer_1"); playerInstance.setup({ file: "https://newsstatic.rthk.hk/audios/mfile_1593347_1_20210530092407.mp3", skin: { url: location.href.split('/', 4).join('/') + '/jwplayer/skin/rthk/five.css', name: 'five' }, hlshtml: true, width: "100%", height: 30, wmode: 'transparent', primary: navigator.userAgent.indexOf("Trident")>-1 ? "flash" : "html5", events: { onPlay: function(event) { dcsMultiTrack('DCS.dcsuri', 'https://news.rthk.hk/rthk/en/component/k2/1593347-20210530.mp3', 'WT.ti', ' Audio at newsfeed', 'WT.cg_n', '#rthknews', 'WT.cg_s', 'Multimedia','WT.es','https://news.rthk.hk/rthk/en/component/k2/1593347-20210530.htm', 'DCS.dcsqry', '' ); } } }); }); });
2021-05-30 HKT 09:46
The chairman of the Lan Kwai Fong Group, Allan Zeman, has welcomed the passage of the national security law and the overhaul of Hong Kong's electoral system, saying patriotism will free up the workings of the city.
"We must respect, not criticise because we are Chinese after all. That is something we cannot deny. Patriotism will help unblock the roadblocks that we've faced all these years. Let’s not forget the DNA of Hong Kong, the name Hong Kong is a strong brand in the world and will be stronger if it continues to integrate into the overall development of the nation," he said on RTHK's 'Letter to Hong Kong' programme.
Zeman's comments come after Legco approved sweeping changes to the way Hong Kong chooses its lawmakers and the Chief Executive. They include a vetting process which is designed to block candidates who are not considered patriots by Beijing.
Zeman said the changes meant the government would now be able to resolve some of the city's deep-seated problems.
"With the passing of the national security law, we finally started to have our peace back. I am also happy to see the change in the electoral system. The Hong Kong government will now be able to speed up solving those deep-seated, acute problems, such as the housing issue and land shortage," he said.
Zeman also urged young people to have an open mind towards the Greater Bay Area (GBA), Beijing's integration plan for major cities in Guangdong.
"I urge all the young people to look at things with different eyes and see things other people do not see. I always look at things as 'not what they are, but what they could be.' The GBA shows tremendous promise. Last year, the gross domestic product in the area reached US$1.65 trillion. By 2030, it is likely to have 80 million people and the GDP could grow to US$3.5 trillion," he said.
Zeman described the area as the solution to Hong Kong staying competitive as an innovation and financial powerhouse, with the GBA rivalling or surpassing Silicon Valley in the US and the Tokyo Bay Area in Japan.
SBI Holdings To Acquire Bitbank In US$289M Crypto Expansion
SBI Holdings has agreed to acquire Japanese crypto exchange Bitbank in a deal valued at approximately US$289 million, w... Read more
4 Ways Hong Kong Banks Fight Financial Crime Using AI, According To HKMA
The Hong Kong Monetary Authority (HKMA) wants banks to use AI in financial crime as a way to counter cyberattacks and s... Read more
Ripple Launches RLUSD Stablecoin In Japan Through SBI Group
Ripple has launched its US dollar-denominated stablecoin, Ripple USD, in the Japanese market. The expansion follows reg... Read more
SBI And Startale Launch Trust Bank-Backed Yen Stablecoin JPYSC In Japan
SBI Group has introduced its trust based stablecoin JPYSC in partnership with Singapore-based fintech company Startale ... Read more
Visa Study: Digital Wallets Lead Greater Bay Area Payment Preferences
Visa has released its latest Consumer Payment Attitudes Study, highlighting how payment seamlessness is linked to a shi... Read more
European And South Korean Banks Form Project Pangea For FX Settlement
Chainlink, South Korean infrastructure provider FairSquareLab, the Unified Korea Alliance (UniKA), and European stablec... Read more
