Lee seeks to strengthen HK status as international financial, trading centre

John Lee was sworn in as Hong Kong’s new leader.

New Chief Executive John Lee said he will strengthen Hong Kong’s global competitiveness by reinforcing the market’s status as an international financial, transportation and trading centre.

During the taking of his oath, Lee vows to develop emerging industries under the government’s National 14th five-year plan.

The market’s new leader said they will also focus on developing Hong Kong into a global innovation and technology hub, enhancing the strengths of Hong Kong and Mainland China, and facilitating the commercialisation of basic research results, especially in Guangdong-Hong Kong-Macao Greater Bay Area.

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His leadership will also be “people-based,” where he will look into the land and housing issues, control the COVID-19 epidemic, boost the healthcare system, and protect the elderly and young children.

Aside from this, the leader said the government will remain vigilant over future crises that could threaten the country’s security.

“We will lay the foundation for stability and ensure that there are adequate preventive and protective capabilities to counter threats against national security, financial security, food and health security, and supplies security amongst others,” he said.