Caixin
Mar 07, 2024 06:07 PM
BUSINESS

In Depth: Hong Kong Embarks on Economic Makeover

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A notice hanging among real estate listings outside a real estate agency on Hong Kong Island announces on Feb. 29 that the city has scrapped its property market restrictions. Photo: VCG
A notice hanging among real estate listings outside a real estate agency on Hong Kong Island announces on Feb. 29 that the city has scrapped its property market restrictions. Photo: VCG

Editor’s note: With China’s annual national legislative meetings known as the “Two Sessions” in full swing, the country’s economy faces a pivotal moment. How will it maintain its growth? Insights from a range of experts have led to three key conclusions: China’s growth potential is strong, proactive policies are essential, and there’s a continued need for deepening reforms and expanding openness. This was emphasized at the February meeting of the Central Commission for Comprehensively Deepening Reform, with a focus on advancing reform strategies to address development challenges and future risks.

Upcoming stories will feature advice from Nobel laureates Michael Spence and Edmund S. Phelps on tackling an aging population and fostering innovation, strategies for the Chinese auto industry’s global expansion from a former industry regulator, and initiatives for developing a new energy system and boosting public welfare investment. Stay tuned for these insights.

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