China News Service, Hong Kong, July 17th. The spokesperson of the Hong Kong Special Administrative Region Government stated on the 17th that although the US government has tried to slander Hong Kong's National Security Law many times in the past year, the fact is that the implementation of Hong Kong's National Security Law has consolidated Hong Kong as an international financial and commercial center. Status.
The spokesperson of the SAR government said that the US government has made some completely absurd and unfounded allegations about the situation in Hong Kong, and issued so-called "commercial warnings" to US companies and individuals operating in Hong Kong in an attempt to create panic and prove once again that it is driven by hegemony. Hypocrisy and double standards.
Sadly, the main victims of the US actions are actually US companies doing business in Hong Kong and US citizens who use Hong Kong as their home.
The spokesman said that contrary to the allegations made by the US government, since the implementation of the Hong Kong National Security Law, Hong Kong has become safer, more secure and more stable in all aspects.
Because business operations are no longer threatened by terrorist acts and street violence, personal safety is also guaranteed, and the confidence of the business community has been restored.
On the first anniversary of the promulgation and implementation of the Hong Kong National Security Law, many seminars, public opinion surveys and newspaper articles by social leaders have reflected the positive response from the business community.
The spokesperson pointed out that the Hong Kong National Security Law was formulated to unswervingly and fully and accurately implement the principles of "one country, two systems", "Hong Kong people ruling Hong Kong" and a high degree of autonomy. It is to maintain national security and maintain the prosperity and stability of the Hong Kong Special Administrative Region.
To view the central government's actions as "suppressing" Hong Kong is really nonsense and cannot stand the challenge.
It is undeniable that safeguarding national sovereignty, security and development interests is the constitutional responsibility of the Hong Kong Special Administrative Region.
The spokesman emphasized that Hong Kong’s national security law was a major turning point in Hong Kong’s transition from chaos to governance, and its effect on the "Dinghai Shenzhen" is obvious and indisputable.
For as long as one year before the implementation of the Hong Kong National Security Law, Hong Kong society was traumatized. Organizations advocating "Hong Kong independence" and "self-determination" openly challenged the authority of the central government and the SAR government. Radical elements planned terrorist activities and violently destroyed public facilities. And to obstruct the law enforcement of the police, the anti-China chaos in Hong Kong collaborated with foreign and foreign forces to intervene in Chinese affairs, and mobilized international forces to impose sanctions on Hong Kong, completely disregarding the interests of the country and Hong Kong people, and seriously endangering national security.
After the implementation of the Hong Kong National Security Law, Hong Kong society has restored stability and citizens can once again enjoy their rights and freedoms in accordance with the law.
The spokesman continued that the rule of law and judicial independence in Hong Kong remained as solid as a rock after the implementation of the Hong Kong National Security Law.
The judiciary of the Hong Kong Special Administrative Region operates independently as in the past, exercising independent judicial power granted by the Hong Kong Basic Law.
The spokesperson also pointed out that under the Hong Kong National Security Law, Hong Kong's status as an international financial center has not wavered at all.
In the past year, Hong Kong’s IPO funds raised exceeded 500 billion yuan (HK$, the same below), an increase of more than 50% compared to the previous year.
The linked exchange rate system has worked well as always. The Hong Kong dollar market has recorded a net inflow of funds in 2020. The amount of funds flowing into the Hong Kong dollar system from the implementation of the Hong Kong National Security Law in July last year to October alone exceeded 300 billion yuan.
The current total deposits in the Hong Kong banking system have increased by more than 5% over last year; the net asset value of funds under management in Hong Kong at the end of last year has also increased by about 20% over the end of 2019.
These figures clearly show that investors are not deterred by Hong Kong's national security laws.
The spokesman said that, in general, the cornerstone of Hong Kong's success remains solid.
It is difficult for the United States to make defamatory remarks in its "commercial warning".
Foreign politicians ignore the facts and continue to question and discredit Hong Kong’s National Security Law, giving people reason to believe that their actions are based on geopolitical purposes and intend to suppress China.
The spokesman said that the latest U.S. move continues its wrongful act of openly interfering in China's internal affairs.
The actions of the United States not only clearly violate the basic principle of non-interference under international law, but also violate the principle of sovereign equality of all countries.
The spokesman pointed out that Hong Kong has not been harmed by the Hong Kong National Security Law; on the contrary, Hong Kong has become stronger, better and more attractive to the business community.
Even if the United States continues to exert pressure, it will not affect Hong Kong's prospects.
In addition, the SAR government strongly condemned the so-called "sanctions" imposed by the United States on the seven deputy directors of the Liaison Office of the Central People's Government in the Hong Kong Special Administrative Region.
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