We Are Blessed To Have Xi Jinping: Tung Chee-hwa
"); jQuery("#212 h3").html("

"); });
2020-12-17 HKT 15:23
Former chief executive Tung Chee-hwa said on Thursday that the leadership of President Xi Jinping is a “blessing” for Chinese people.
Speaking during an online forum organised by his own think tank, the Our Hong Kong Foundation, Tung said the entire world is undergoing unprecedented challenges and the Covid-19 pandemic has added to the uncertainties.
He said despite the strength of the US and various European governments, they have been unable to control the spread of the coronavirus.
“In the face of Covid-19, even the most powerful countries seem powerless. Our own country, on the other hand, has acted decisively in fighting the pandemic, with a well thought-out plan, effective execution, and nationwide support. China has managed to put the pandemic under control within a short period of time,” he said.
Tung, who’s a vice chairman of the Chinese People’s Political Consultative Conference, also showered President Xi Jinping with praise, saying he has great foresight.
“It is our blessing that our country is under the leadership of a visionary in the age of instability and uncertainty. I hope that every country can join hands to build a world that is peaceful, inclusive, and prosperous," he said.
Tung added that Hong Kong “experienced the darkest period since the handover” last year due to the social unrest, Covid outbreak and economic downturn.
He called on the SAR government to resolve a number of deep-seated issues, such as the widening wealth gap, housing shortage, a “battered education system” as well as “a whole generation of youth who have lost hope”.
The former CE said with the backing of the motherland, there are plenty of opportunities for Hong Kong to thrive, adding that people must support the city’s integration into the Greater Bay Area.
Vietnam And South Korea Launch Cross-Border QR Payments
Vietnam and South Korea have launched cross-border QR payments that allow Korean users to pay merchants in Vietnam thro... Read more
WeChat Pay Integrates With Local QR Networks In 5 Asian Countries
WeChat Pay has integrated its service with national QR code networks in five Asian countries, simplifying cross-border ... Read more
Global Transition Finance Ecosystem Gains Momentum
The global transition finance ecosystem is gaining momentum. According to new research by the Hong Kong Institute for M... Read more
Banking Circle Taps PayGate To Ease KRW Cross-Border Payments Into South Korea
Global payments bank Banking Circle will now handle cross-border transactions and settlement flows for South Korean pay... Read more
Equinix AI Discovery Hub Opens In Hong Kong For Enterprise AI
Digital infrastructure company Equinix is partnering with Hewlett Packard Enterprise (HPE) to launch the Equinix AI Dis... Read more
Tencent, Alibaba Eye DeepSeek Stake As AI Startup Tops US$20B Valuation
Chinese tech giants Tencent and Alibaba are in discussions to invest in AI startup DeepSeek, The Information reported, ... Read more