Beijing backs Hong Kong bid to be talent magnet and better contribute to national opening-up
- Communist Party third plenary session says Beijing supports Hong Kong’s status as ‘international finance, maritime and trading centre’
Beijing has thrown its weight behind Hong Kong’s bid to become an “international hub for high-end talent” in a resolution backed by the Communist Party’s third plenary session.
The central authorities in a document released on Sunday laid down the roles that they expected Hong Kong to fill in a section called “improving the system and mechanism for high-standard opening up”.
The paper said the nation should further open up amid increased international cooperation and create a new system of open economy.
“Leverage the advantage of ‘one country, two systems’, consolidate and enhance Hong Kong’s status as an international finance, maritime and trading centre,” the resolution said., referring to the principle that governs ties between the city and Beijing.
“Support Hong Kong and Macau in establishing themselves as a hub for international high-end talent, improve the mechanism to allow them to better contribute to the country’s opening-up effort.”
The 20,000-word document was endorsed by the 20th Central Committee of the Chinese Communist Party during the twice-a-decade, four-day policy meeting in Beijing last week.