Participating in the construction of the "the Belt and Road", Hong Kong and Macao have great prospects

2024-10-21

Not long ago, the 9th "the Belt and Road" Summit Forum with the theme of "building connectivity, innovation and a green new Silk Road" was held in Hong Kong, attracting nearly 6000 people from more than 70 countries and regions to attend, reaching a total of 25 memorandums of cooperation, setting new highs in history. This year marks the 11th anniversary of the the Belt and Road Initiative. Over the past 11 years, the construction of the "the Belt and Road" has yielded fruitful results, bringing new opportunities for development for China and the world, and providing broader space for the development of Hong Kong and Macao. Hong Kong and Macao actively respond to the initiative of jointly building the "the Belt and Road", strive to serve the needs of the country with their own strengths, and become active participants, contributors and beneficiaries of the "the Belt and Road" construction. Data shows that in the past 10 years, the trade volume between Hong Kong and the "the Belt and Road" economies outside the mainland has increased by nearly 60%, and the trade volume with related economies accounts for 43% of Hong Kong's foreign trade volume. Investors from all over the world can enjoy Hong Kong's professional service advantages in finance, law, engineering, logistics, etc. In 2023, the value of goods delivered by Macao to the "the Belt and Road" co construction countries will be MOP 770 million, up 47.8% year on year; The value of imports from the "the Belt and Road" co built countries was MOP 30.92 billion, up 18.0% year on year. "One country, two systems" is the best institutional arrangement for Hong Kong and Macao to maintain long-term prosperity and stability after their return, and is also the unique institutional advantage of Hong Kong and Macao's deep participation in the "the Belt and Road" construction. The dual advantages of "one country" and "two systems" can better help Chinese enterprises "go global and invite in", promote Hong Kong and Macao enterprises and mainland enterprises to "go global together", and jointly develop the international market. "Rely on the motherland and connect with the world", let Hong Kong and Macao better play the role of "super contacts", further help the country to build a new development pattern of "double circulation", and build an important international hub for the "the Belt and Road" practical cooperation. The participation of Hong Kong and Macao in the construction of the the Belt and Road is full of momentum and promising. The flights from Hong Kong can reach more than 200 destinations around the world, and the cargo ships from Hong Kong can reach nearly 600 destinations around the world... Hong Kong is at the key node of the "the Belt and Road". The shipping, accounting, finance, consulting and other industries are mature and developed. Hong Kong's common law system has unique advantages in foreign economic and trade cooperation. Under the "one country, two systems" policy, Macao has such unique advantages as high freedom and openness, free port, separate tariff zone, simple and low tax system, free flow of funds, smooth connection with international rules, and extensive international contacts, especially in connection with Portuguese speaking countries, which provides an important basis for actively participating in and promoting cooperation with countries building the "the Belt and Road". These are highly consistent with the core contents of the "the Belt and Road" construction, such as facility connectivity, unimpeded trade, and financing. Hong Kong and Macao can play their own advantages and become more important forces in the "the Belt and Road" construction through collaborative cooperation. Give full play to the advantages of cultural integration between China and the West, and help build a country with people to people connection. Hong Kong and Macao are places where East and West cultures meet. They have inclusive cultural advantages and have close contacts with countries jointly building the "the Belt and Road". Hong Kong will further build a Sino foreign cultural and artistic exchange center, Macao will further build a world tourism and leisure center, a business cooperation service platform between China and Portuguese speaking countries, and build an exchange and cooperation base with Chinese culture as the mainstream and multi-cultural coexistence. All these will deepen people to people exchanges with countries along the "the Belt and Road", promote cultural integration and people to people connections, and provide a broader stage for telling Chinese stories and Hong Kong and Macao stories to the outside world. The Third Plenum of the 20th Central Committee of the Communist Party of China proposed to leverage the advantages of the "One Country, Two Systems" system, consolidate and enhance Hong Kong's position as an international financial, shipping, and trade center, support Hong Kong and Macao in building an international high-end talent gathering highland, and improve the mechanism for Hong Kong and Macao to better play their role in the country's opening-up to the outside world. This has opened up a broad prospect for Hong Kong and Macao to give better play to their unique advantages in the joint construction of the "the Belt and Road", help promote Chinese path to modernization. Looking forward to the future, as the high-quality development of the joint construction of the "the Belt and Road" enters a new journey, the unique advantages of Hong Kong and Macao will become increasingly prominent, which will certainly add momentum to the construction of the "the Belt and Road" and the development of Hong Kong and Macao. (New Society)

Edit:Luo yu    Responsible editor:Jia jia

Source:people.cn

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