Beijing hosted a high-level symposium this week focusing on strengthening executive-led governance in Hong Kong and Macao SARs, with officials emphasizing the system's role in maintaining stability under 'One Country, Two Systems.' 🏛️ Key figures including Xia Baolong, director of the Hong Kong and Macao Work Office, highlighted the governance model's success in preserving regional prosperity since the 1997 and 1999 handovers.
💡 Key takeaways from the meeting:
Executive-led systems are legally mandated through SAR Basic Laws
New-term legislatures urged to support SAR governments in law-based governance
Calls for cross-branch collaboration between executive, legislative, and judicial bodies
Hong Kong SAR Chief Executive John Lee and Macao's Sam Hou Fai joined via video link, with sub-venues set up in both regions. Participants agreed the system helps balance regional autonomy with national unity – crucial for young professionals navigating Asia's dynamic markets. 📈
Experts noted this dialogue comes as both SARs face new economic challenges in 2026, requiring "strong governance synergy" between all stakeholders. The discussion signals continued focus on institutional stability for these global financial hubs. 🌆
