Hong Kong’s electoral and national security laws have helped the city get “back on track,” said Chief Executive Carrie Lam in Wednesday’s annual policy address.

The changes in Hong Kong have created a favorable era for Hong Kong, according to the top leader who was appointed by Beijing.

In 2019, massive anti-government protests broke out over the aforementioned. now-withdrawn extradition bill,And sometimes, the protests became violent. The proposal of the national security law last year reignited mass demonstrationsHowever, the law eventually was passed.

Some 117 people — including politicians and activists — were reportedly arrested under the lawWithin the first twelve months following its implementation in 2020.

The following year, it was May. Hong Kong’s legislature passed a billThe measures included the reduction of direct elections to legislative seats in Hong Kong to 20 from 90. A committee was also established to verify that candidates are patriotic.

She stated that chaos had been ended with the introduction of the National Security Law as well as improvements to the electoral system. “Social order has been restored,” she added. an official English translation of her remarks” “We now embrace a new era in which we can concentrate on economic growth.”

She repeated that message several times throughout her 2-hour-long speech.

Address 2019 was “disrupted and paralyzed” by “anti-China” opposition lawmakersLam stated.

Lam delivered this final policy speech during her term as chief executive. Hong Kong will hold its next chief executive election in March 2019.

Hong Kong was a British former colony. It was transferred to China in 1997. The Chinese promised Hong Kong autonomy for 50 more years.

Chinese financial hubs are governed by the “one nation, two systems” model. They have freedoms other Chinese cities don’t, like limited elections rights and a distinct legal and economic system.

Lam praised Wednesday’s calm speech on policy as “a clear manifestation that Hong Kong is thriving.” [Special Administrative Region]”has gotten back on track to ‘one nation, two systems’.” The national security law was praised by her. electoral reforms under pro-Beijing lawmakers in the cityThank you for the “temporary curb on chaos in the city.”

“Any charge that these two main initiatives by the central government have been detrimental to ‘one nation, two systems’ are absurd and baseless,” she stated.

Chief executive said initial concerns regarding the nation security law have subsided and that companies are more concerned about Covid’s restrictions on cross-border traveling.

The American Chamber of Commerce Hong Kong conducted a May survey and found that 42% of respondents are thinking of leaving Hong Kong. “most widely shared concern was discomfort” due to the national security law.

Lam stated that the numbers of Hong Kong business operations with mainland parent companies reached new heights, along with the number start-ups.

Without naming any of them, she stated that “it can be seen” that the effects of the pandemic on the business environment and biased reporting about Hong Kong’s current situation by Western media had not affected it.

Hong Kong’s leader gave updates about the government’s housing policy in Hong Kong. one of the most expensive residential property marketsAll over the globe.

Lam stated that “Providing decent accommodation to all is my primary goal in my housing policy”, noting the “worrying” long wait time for allocations of public rental housing.