On the 29th, chenmaobo, financial secretary of the Hong Kong Special Administrative Region government, said that the Hong Kong National Security Law safeguarded the security of the country and Hong Kong from the legal perspective, created a safe and stable environment for Hong Kong society, provided space for economic development, more effectively guaranteed the personal safety and personal freedom of citizens, and further consolidated Hong Kong's status as an international financial center. Chenmaobo published a blog on the same day to support his view with figures: since the implementation of the national security law in Hong Kong, the amount of new shares raised in Hong Kong has exceeded 650billion Hong Kong dollars, an increase of more than 30% over the same period before the implementation; The average daily turnover of Hong Kong stocks exceeded HK $150billion, nearly 60% higher than the 12 months before the implementation. The total value of Hong Kong's asset and wealth management business reached HK $34.9 trillion by the end of 2020, an increase of 20% over that before implementation. The total deposits of Hong Kong banks recently reached HK $15.3 trillion, an increase of more than 10% over the previous year. Chenmaobo said that the support of the state and the institutional advantages of "one country, two systems" have enabled Hong Kong to build a good path for future successful development through continuous efforts in the changing international environment. Connectivity is one of Hong Kong's unique advantages, which is supported by the state and difficult to replicate in other markets. From the mutual recognition of Shanghai and Shenzhen Stock connect, bond connect and funds to the ETF interconnection that the market is full of expectations and just announced on the 27th, new opportunities have been brought gradually, and Hong Kong has gradually become a safe channel connecting mainland and overseas funds and markets. Hong Kong is determined to further expand the breadth and depth of connectivity. Chenmaobo said that this year marks the 25th anniversary of Hong Kong's return to the motherland, marking a new historical starting point for Hong Kong's development. Hong Kong needs to constantly deepen its understanding and Reflection on the accurate practice of "one country, two systems", give better play to the advantages and flexibility brought about by this system, properly implement the Hong Kong Basic Law and the Hong Kong national security law, keep the bottom line, and create the most necessary and favorable conditions for comprehensive and vigorous development. (Xinhua News Agency)