ECONOMY | Cesar Tordesillas, Hong Kong

Hu reaffirms support to Hong Kong's stability, prosperity

The central government of China would spare no effort to maintain Hong Hong's economic stability and prosperity, said Chinese President Hu Jintao during a meeting with Donald Tsang, chief executive of HKSARC in Honolulu.

Hu and Tsang were in Honolulu for the Economic Leaders Meeting of the Asia-Pacific Economic Cooperation scheduled for Saturday and Sunday.

Tsang briefed the president on Hong Kong's current situation and the local government's efforts in dealing with the ongoing global financial crisis, developing Hong Kong's economy and improving people's livelihood.

Hu said Hong Kong now enjoys a fairly good situation, keeps relatively rapid economic growth and maintains social stability.

The central government has been unwavering and consistent in supporting Hong Kong's economic prosperity and stability, said Hu. He said the central government would do what it takes to help Hong Kong maintain prosperity and stability, and to promote the common development of the mainland and Hong Kong.

Hu called on the Hong Kong government to address its economy and people's livelihood so as to ensure long-term stability and prosperity, while closely following the changing global economic and financial situation and warding off its impact.

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