Core Points - The National Day reception held on September 28 celebrates the 76th anniversary of the founding of the People's Republic of China, emphasizing the importance of unity and the guidance of Xi Jinping's thoughts on socialism with Chinese characteristics [1][2] - Wang Huning highlighted the achievements of the Communist Party of China (CPC) in economic development and social stability over the past 76 years, marking the historical progress towards the great rejuvenation of the Chinese nation [1] Group 1 - The upcoming 20th Central Committee's Fourth Plenary Session will discuss the recommendations for the 15th Five-Year Plan, which is crucial for achieving socialist modernization [2] - The government will continue to implement the "One Country, Two Systems" policy and support the economic development and livelihood improvement in Hong Kong and Macau [2] - There is a commitment to uphold the principles of "patriots governing Hong Kong and Macau" and to oppose any separatist movements and external interference regarding Taiwan [2] Group 2 - The reception was attended by approximately 760 representatives from various sectors in Hong Kong, Macau, Taiwan, and overseas Chinese communities, indicating a broad engagement with the national agenda [2] - The event was hosted by Li Ganjie, a member of the Political Bureau of the CPC Central Committee, showcasing the high-level political support for the initiatives discussed [2]

Core Points - The National Day reception held on September 28 celebrates the 76th anniversary of the founding of the People's Republic of China, emphasizing the importance of unity and the guidance of Xi Jinping's thought [1][2] - Wang Huning highlighted the achievements of the Communist Party in economic development and social stability over the past 76 years, marking a significant historical transformation for the Chinese nation [1] - The upcoming Fourth Plenary Session of the 20th Central Committee will focus on the formulation of the 15th Five-Year Plan, which is crucial for achieving socialist modernization [2] Group 1 - The reception was attended by approximately 760 representatives from Hong Kong, Macau, and Taiwan, showcasing the importance of patriotism and unity in national development [2] - Wang Huning reiterated the commitment to the "One Country, Two Systems" policy and the principles of "patriots governing Hong Kong and Macau," aiming to support economic development and improve livelihoods in these regions [2] - The emphasis on opposing "Taiwan independence" and external interference reflects the government's stance on national unity and sovereignty [2] Group 2 - The event was hosted by Li Ganjie, a member of the Political Bureau of the Central Committee, indicating the high-level political engagement in promoting national unity [2] - The reception serves as a platform to gather support from overseas Chinese and promote their role in advancing China's modernization and national unity [2]

Group 1 - The Chief Executive of Hong Kong, John Lee, emphasized that the 2025 Policy Address focuses on improving people's livelihoods, covering nine key areas including housing, transportation, healthcare, and social welfare [1][8] - The government plans to increase public housing supply and land development to meet long-term economic needs and housing demands [1][8] - The government aims to promote the development of AI and data science industries, positioning Hong Kong as a global AI development hub [1][43] Group 2 - Hong Kong has established mature financing channels, including angel investment, venture capital, private equity, and IPOs, effectively connecting global capital with quality projects [2][45] - The Hong Kong Investment Management Company has invested in several AI enterprises and will continue to support the AI industry [2][45] - The government is promoting AI business applications, with initiatives like the AI sandbox program to enhance financial system security [2][48] Group 3 - The new capital investment scheme requires applicants to invest at least HKD 30 million, with adjustments to the property investment criteria to encourage more investments [3] - The government is implementing a stablecoin issuer system and developing a licensing framework for digital asset trading and custody services [3] Group 4 - The government will establish the "Northern Metropolis Development Committee" to accelerate the development of the Northern Metropolis, which is seen as a new economic engine for Hong Kong [27][28] - The government plans to simplify administrative procedures and introduce rapid approval systems to enhance construction efficiency in the Northern Metropolis [30] Group 5 - The government aims to attract high-value industries and enterprises to Hong Kong through flexible land allocation, tax incentives, and funding support [56][59] - The focus will be on promoting advanced manufacturing, life sciences, and AI industries to create quality job opportunities and enhance economic benefits [56][61]

Election Overview - The Hong Kong Special Administrative Region held a by-election for the Election Committee on the 7th, with 28 candidates competing for 21 seats across 6 functional groups [1] - 72 candidates from 22 functional groups were automatically elected due to no competition [1] - Additionally, 10 members of the Election Committee were nominated by 8 designated organizations [1] Voter Participation - A total of 3,534 voters participated in the election, resulting in a cumulative voter turnout rate of 97.33% [1] Election Process - This by-election marked the first use of a new electronic vote counting system, which operated smoothly [1] Government Statements - The Chief Executive of Hong Kong, John Lee, stated that the Election Committee consists of 1,500 members from 40 functional groups, ensuring broad representation and balanced participation [1] - The committee plays a crucial role in improving the electoral system and implementing the "patriots governing Hong Kong" principle [1] - Election Committee members will nominate candidates for the 8th Legislative Council election and vote for 40 members of the Legislative Council on December 7 [1] - There is an expectation for all committee members to fulfill their responsibilities and contribute to the stability and long-term success of the "One Country, Two Systems" principle [1]

Core Points - The commemoration of the 80th anniversary of the victory in the Chinese People's War of Resistance against Japanese Aggression and the World Anti-Fascist War was held in Beijing, emphasizing national memory and unity among Hong Kong citizens [1] - Hong Kong's commitment to the "One Country, Two Systems" principle and the implementation of the "patriots governing Hong Kong" policy was reiterated, highlighting the importance of patriotism in contributing to the rejuvenation of the Chinese nation [1][12] Group 1 - The speech by President Xi Jinping emphasized the concept of "a community with a shared future for mankind," reflecting the central government's commitment to promoting world peace and development under the premise of legitimate governance and national sovereignty [3] - The spirit of resistance during the war continues to inspire Hong Kong citizens, motivating them to strive for progress and unity with the nation [6] - The modernized defense capabilities showcased during the military parade serve to remind all Chinese people of their historical legacy and the sacrifices made by countless heroes during the war [8] Group 2 - The victory in the war is viewed as a monumental achievement forged by the sacrifices of the Chinese people, with Hong Kong's historical role as an international aid channel being highlighted [10] - The commemoration is not only about remembering history but also about awakening national spirit and consolidating the strength needed for the new era, especially in the face of complex international circumstances [12] - The stability of the nation is deemed essential for Hong Kong's prosperity, reinforcing the idea that a strong nation leads to the confidence of its people [12]

Economic Development - Hong Kong's economy is showing steady improvement, with new advantages and strengths emerging, leading to significant global ranking advancements [1][2] - As of 2024, Hong Kong manages nearly $4 trillion in assets, with around 3,000 family offices operating in the region, over half of which have assets exceeding $50 million [2] - The Hang Seng Index has led global markets, with IPO fundraising exceeding HKD 90 billion, ranking first worldwide [2] Trade and Investment - The trade volume between mainland China and Hong Kong has increased from CNY 420.87 billion in 1997 to CNY 2.2 trillion in 2024, representing a 4.2-fold growth with an average annual increase of 6.3% [3] - Hong Kong's air cargo volume remains the highest globally, and its ship registration tonnage ranks fourth worldwide [2] Social and Infrastructure Development - The Hong Kong government has accelerated housing and land supply, introducing "simple public housing" while reducing the waiting time for public housing from a peak of 6.1 years to 5.3 years [2] - Public welfare programs have expanded, including the extension of elderly medical vouchers to more healthcare institutions in the Greater Bay Area [2] Youth Employment and Talent Attraction - The Hong Kong government has relaxed eligibility for youth employment programs to enhance job capabilities among young people [2] - Over 80 cutting-edge technology companies have established operations in Hong Kong, reflecting the region's renewed competitiveness in attracting talent [2]

Group 1 - The Hong Kong government announced the new members of the Chief Executive's Advisory Group, with notable absences including Li Ka-shing's son, Li Zeju, which has sparked speculation about the reasons behind this decision [2][3][4] - Li Zeju's non-renewal is seen as potentially linked to the controversy surrounding the sale of the Panama port by Cheung Kong Group, raising questions about his alignment with national interests [3][9] - The Advisory Group, which includes prominent business leaders and Nobel laureates, aims to provide strategic development advice to the Chief Executive, highlighting the importance of having members who align with national strategies [4][5] Group 2 - The absence of Li Zeju and other members like the former chairman of China Resources, Fu Yuning, is viewed as significant, especially given the current political climate in Hong Kong [6][12] - The remarks from the Director of the Hong Kong and Macao Affairs Office, Xia Baolong, emphasize the need for business leaders to prioritize national interests, suggesting a shift in the criteria for advisory roles [11][12] - The media's critical stance on Cheung Kong Group's actions indicates a broader narrative that may influence future business operations and relationships within Hong Kong [9][13]

Core Viewpoint - The article emphasizes the commitment of the Hong Kong Liaison Office to fully and accurately implement the "One Country, Two Systems" principle and the "patriots governing Hong Kong" policy, highlighting the role of the Chief Executive and the Hong Kong government in leading the region's development [1]. Group 1 - The Director of the Hong Kong Liaison Office, Zhou Qi, met with the Chief Executive of the Hong Kong Special Administrative Region, Lee Ka-chao, to discuss governance and support for Hong Kong's development [1]. - Zhou Qi stated that the Liaison Office will firmly support the Hong Kong government in fulfilling its responsibilities and achieving better development for the region [1]. - Lee Ka-chao welcomed Zhou Qi's appointment as the Director of the Liaison Office and as the National Security Affairs Advisor for the Hong Kong National Security Committee [1].