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    News: 2024.03.15

    The economy is stalling and confidence is weak. Hong Kong’s transformation is urgent.

    Since the world's two largest economies compete for hegemony, the world's development model has changed dramatically, and interests have been reshuffled. This process cannot be completed in three or two years. During this period, vested interests will be frustrated, and emerging forces will challenge...

    The economy is stalling and confidence is weak. Hong Kong’s transformation is urgent.

    Amid changes in the global economic system, Hong Kong, as an important international financial center, is facing unprecedented challenges. Economic stalling and lack of confidence have become one of the major problems in Hong Kong's development. Hong Kong needs to accelerate its transformation to cope with the new economic environment.

    The impact of economic hegemony on Hong Kong

    The competition between the world's two largest economies has had a significant impact on Hong Kong's economic development. As an open economic system, Hong Kong is directly affected by the international economic environment. With the dramatic changes in the world's development model, Hong Kong needs to adjust its own development strategy to cope with new challenges.

    The rise of emerging powers

    In the process of changing the economic system, new forces are rising. These emerging forces will have a significant impact on Hong Kong's economic development. Hong Kong needs to cooperate with these emerging forces to jointly promote economic transformation and achieve sustainable development.

    The importance of economic transformation

    Economic stalling and lack of confidence have become major problems in Hong Kong's development. In order to cope with the new economic environment, Hong Kong needs to accelerate its transformation, promote economic structural adjustment, and achieve sustainable economic development.