Maria Tam Says Hong Kong Needs To Pull Its Weight
"); 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_1450585_1_20190331112839.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/k2/1450585-20190331.mp3', 'WT.ti', ' Audio at newsfeed', 'WT.cg_n', '#rthknews', 'WT.cg_s', 'Multimedia','WT.es','https://news.rthk.hk/rthk/en/component/k2/1450585-20190331.htm', 'DCS.dcsqry', '' ); } } }); }); });
2019-03-31 HKT 11:52
Share this story
Basic Law Committee deputy director Maria Tam says Hong Kong's performance in the Greater Bay Area initiative will be a factor in whether the SAR gets to keep "One Country, Two Systems" after 2047, when the framework is set to expire.
"If we want Hong Kong's capitalistic system and lifestyle to carry on - and the 'One Country, Two Systems' system to carry on beyond 2047 - the best protection we can give ourselves, or the best bargaining power we have, is actually in this Bay Area development and even in the Belt-Road initiative," she said.
The Greater Bay Area is a Beijing initiative to better integrate nine Guangdong cities and the Hong Kong and Macau SARs. The One Belt, One Road initiative is President Xi Jinping's flagship trade initiative, designed to develop a new Silk Road made up of overseas trade links.
Speaking after a radio programme, Tam said Hong Kong's contribution would come from international finance, trade, transportation and aviation. She also said Hong Kong could contribute by providing highly-trained service sector professionals.
Tam also warned that if Hong Kong became a base for anti-communism, it would lose its special status.
Hong Kong Fund Industry May Double With Tokenised Finance And 24/7 Trading Access
Hong Kong could potentially double the size of its fund industry by moving from legacy infrastructure to token-based fi... Read more
HKMA Alerts Public To Scam Website And Login Screens Posing As Official Site
The Hong Kong Monetary Authority (HKMA) has issued a public alert regarding a fraudulent website and online login scree... Read more
Hong Kong Fintech Promotion Blueprint Indicates 4 Incoming Flagship Projects
The Hong Kong Monetary Authority (HKMA) released the Hong Kong Fintech Promotion Blueprint on 3 February 2025, which sh... Read more
Visa To Enable Cross-Border Payments To 95% Of UnionPay Cardholders In China
At Web Summit Qatar, Visa and UnionPay International (UPI) announced an agreement to enable cross-border money transfer... Read more
HKMA Launches Fintech Blueprint With AI, DLT, Quantum And Cybersecurity Focus
The Hong Kong Monetary Authority (HKMA) published a Fintech Promotion Blueprint to support responsible innovation and f... Read more
How Gaming Giants Are Redefining The Experience Of Paying
Gaming isn’t just a hobby; it’s a global infrastructure challenge. In this episode Vincent Fong (Chief Editor, Fint... Read more