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Singyun

Congratulations to Hong Kong for being the freest economy in the world!

label: 2021-09-18

China News Service, Hong Kong, September 14th. The Hong Kong Special Administrative Region Government welcomed the Fraser Institute of Canada on the 14th to re-evaluate Hong Kong as the world's freest economy in the "World Economic Freedom 2021 Annual Report".

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Hong Kong has consistently ranked first in the world since the report was published. In the five major assessment items this time, Hong Kong continues to rank first in "Freedom of International Trade" and "Supervision".


A spokesman for the Hong Kong Special Administrative Region Government said on the same day that this clearly affirms Hong Kong's persistent efforts to establish a free economy and provide a fair business environment.

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The government spokesperson said:

"This clearly affirms Hong Kong's persistent efforts to establish a free economy and provide a fair business environment."


Regarding the Fraser Institute’s unfair comments on Hong Kong’s rule of law, national security law legislation, and mainland interference in Hong Kong affairs, the spokesperson emphasized that the Hong Kong Special Administrative Region has always maintained A trusted legal system. The rule of law is an important core value of Hong Kong, which is cherished by the public. The Hong Kong government has been striving to consolidate Hong Kong’s excellent tradition of rule of law and judicial independence.

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The spokesman also pointed out that Asian economies, especially the Mainland, will continue to be the engines of global economic growth. Under "One Country, Two Systems", Hong Kong will continue to play its unique role as a gateway, springboard, and intermediary. And actively integrate into the overall situation of the country’s new development, grasp the country's "14th Five-Year Plan" and major development strategies , Including the opportunities brought by the Guangdong-Hong Kong-Macao Greater Bay Area and the "One Belt One Road" initiative.


The spokesperson emphasized that Hong Kong has unique advantages and unlimited business opportunities. The Hong Kong Special Administrative Region Government is confident in Hong Kong's long-term economic development.

As China’s core economic fortress, Hong Kong is only separated from the mainland by a river, so it is extremely convenient to travel and become the first choice for mainland entrepreneurs to go international place.

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On the other hand, global capital favors China, Hong Kong companies have preferential tax rates, convenient settlement, capital freedom, and high security,< /strong>It can raise funds from around the world and absorb global capital, thus becoming an entrance for capitalists to invest in China.



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