Overhaul Will Cut Back The Politics In Legco: CE
"); jQuery("#212 h3").html("

"); });
2021-03-11 HKT 16:48
Chief Executive Carrie Lam on Thursday expressed her administration's "sincere gratitude" to the National People's Congress for approving Beijing's plan for a drastic overhaul of Hong Kong's electoral system, saying the changes will fix the problem of too much politics in Legco.
In a statement, Lam again insisted that the design of the territory's political structure is the prerogative of the central government and that the "improvements" planned are aimed at getting Hong Kong back on the right track.
She said after the principle of "patriots administering Hong Kong" is implemented and the "loopholes" of the existing electoral system are plugged, the government will be able to develop the economy and improve people's livelihoods – with the staunch support of Beijing.
"We will be able to resolve the problem of the Legco making everything political in recent years and effectively deal with the reckless moves or internal rift that have torn Hong Kong apart," the Hong Kong leader said.
Lam said the government will give its views to the NPC Standing Committee on the future composition of the five sectors of the Election Committee – that will not only be tasked with selecting the SAR's chief executive, but will also nominate Legco candidates and even choose "a relatively large share" of lawmakers itself.
The CE said once the standing committee amends Annex I and Annex II of the Basic Law, the Hong Kong government will then change local laws.
"The HKSAR government will spare no effort in continuing to explain to the public about the necessity and urgency of improving the electoral system as well as the solid constitutional basis of the decision," Lam added.
StartmeupHK Festival And Hong Kong Fintech Week 2025 Merge For 10th Anniversary Milestone
Invest Hong Kong (InvestHK) announced on 10 March 2025 that both of its flagship events, Hong Kong Fintech Week 2025 an... Read more
Ant AI-Powered Health Insurance Processes 7.25M Claims In 2024, 55%YoY Increase
In 2024, Ant Insurance, the online insurance brokerage platform of Ant Group, processed 7.25 million health claims, mar... Read more
Ping An Talent Uses AI For Job Matching, But Can Technology Make Recruitment Fairer?
Ping An Insurance (Group) Company of China, Ltd. has launched its 2025 Spring Campus Recruitment, offering over 2,000 p... Read more
HKEX Partners With CMU OmniClear To Boost Post-Trade Securities Infrastructure
Hong Kong Exchanges and Clearing Limited (HKEX) announced on 4 March 2025 that it signed a Memorandum of Understanding ... Read more
PAObank Secures Insurance Agency Licence, Partners With Ping An And FWD Hong Kong
PAO Bank Limited (PAObank) has received its Insurance Agency Licence from the Insurance Authority and signed strategic ... Read more
IFAST Launches Self-Service Accounts For Hong Kong Family Offices
Fintech solutions provider iFAST HK launches self-service accounts in Hong Kong, catering to the growing demand for ind... Read more