Policy Address

II. Steadfastly and Successfully Implement "One Country, Two Systems" and Strengthening Our Governance Systems

(A) Fully and Faithfully Implement the Principle of "One Country, Two Systems"

Optimise the Institutional Strengths of "One Country, Two Systems"

12. The institutional advantages of "One Country, Two Systems" are numerous. Whether Hong Kong was fighting against the pandemic, tackling economic challenges, or seeking development opportunities, the Central Government always stands by Hong Kong and supports Hong Kong through a multitude of facilitation measures, ensuring our long-term prosperity and stability.

13. Under the principle of "One Country, Two Systems", Hong Kong is rooted in "One Country" and enjoys the benefits of "Two Systems", enabling Hong Kong to serve the country's needs with its own strengths. Hong Kong boasts both national and international advantages, enjoying the benefits of policies, guarantees and opportunities of our country. Hong Kong is an international city fully open to the world, underpinned by a capitalist system, with free flow of capital, people and information. It adopts a common law system, maintains its own legislative and judicial systems, laws, tax regime, currency and financial system, and is a separate customs territory. Hong Kong is a global metropolis.

14. We will continue to fully, faithfully and resolutely implement the principles of "One Country, Two Systems", "Hong Kong people administering Hong Kong" and a high degree of autonomy. We will continue to fully leverage the institutional strengths of "One Country, Two Systems" for sustaining the prosperity and stability of Hong Kong, contributing to China's building into a great country and realising the great rejuvenation of the Chinese nation.