HKETO: City poised to embrace a bright future

Hong Kong has the confidence for a brighter future underpinned by the principle of "one country, two systems", said the Toronto director of the Hong Kong Economic and Trade Office (HKETO).

Director Emily Mo made the comments on Tuesday in celebration of the 25th anniversary of the establishment of the Hong Kong Special Administrative Region (HKSAR).

In delivering the welcoming remarks at the event, Mo stressed that the HKSAR's 25th anniversary is a special occasion and an important milestone for Hong Kong.

"In the past 25 years, Hong Kong has continued to grow and evolve, establishing itself as the only city in the world that offers a secure and dynamic environment for business, an exciting and cosmopolitan lifestyle and direct access to the Chinese economy," she said.

Mo noted it has not always been smooth sailing for Hong Kong, but the city continues to have the support of a solid foundation, strong business advantages and a resilient and hard-working population.

"The theme of the HKSAR 25th anniversary celebration is 'A New Era - Stability, Prosperity, Opportunity'. It not only captures the spirit of Hong Kong's achievements over the past quarter-century, but more importantly our confidence in a brighter future underpinned by the principle of 'one country, two systems,'" Mo continued.

In recent visits to Vancouver and Ottawa to promote Hong Kong's unique role as the gateway to the Chinese mainland and the rest of Asia, Mo said that Hong Kong is an ideal platform for Canadian enterprises to tap into mainland and Asia markets.

"Hong Kong plays an active role in the Guangdong-Hong Kong-Macao Greater Bay Area development, and strong bilateral trade relations between Canada and Hong Kong," said Mo. "We encourage and welcome Canadian companies to expand to the markets in the Chinese mainland and Asia through Hong Kong."

Chinese Consul General Han Tao, who attended the celebration, said a prosperous and stable Hong Kong not only serves China's interests, but also benefits the international community, including Canadians who invest and live in Hong Kong.

"Over the past 25 years, thanks to the concerted efforts of the central government, the government of HKSAR and the whole society, Hong Kong has made remarkable achievements," Han said. "Hong Kong's status as an international financial, shipping and trading center has been consolidated. The practice of 'one country, two systems' in Hong Kong has been a resounding success."

Member of Parliament of Canada Shaun Chen said it is the special relationship between Canada and HKSAR that has supported the business and cultural interactions from both sides.

"I always say that we work to build the economic relationship depends on people here, whether you are from Canada or from Hong Kong. Congratulations on 25 years of HKSAR and let us continue to build an even brighter and better future for the people and the two sides," Chen said.