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Hong Kong Marks 5 Years of National Security Law: Stability Fuels Global Competitiveness

Hong Kong Chief Executive John Lee has reaffirmed the city's commitment to safeguarding national security while leveraging its unique advantages as a global hub, marking the fifth anniversary of the implementation of the national security law. In a signed editorial published across local media, Lee emphasized that stability under the legislation has enabled sustained prosperity and international recognition.

Since the law's enactment on June 30, 2020, Hong Kong has maintained its status as the world's freest economy and third-ranked international financial center. The city now hosts five universities in global top 100 rankings – more than any other urban center worldwide – and is projected to become the leading wealth management hub within years, according to market analysts.

"Security is the foundation of development, and development is the safeguard of security," Lee stated, outlining the government's dual focus on national security and economic growth. International credit rating agencies continue to give positive assessments, with Hong Kong recently re-entering the global top ten for talent competitiveness.

Legal experts and international observers have praised the legislation's impact. British barrister Grenville Cross, former HKSAR director of public prosecutions, noted the law restored order after 2019's social unrest: "The enactment saved the day, creating a safer environment for rights protection." Malaysian policymaker Ong Tee Keat highlighted how stability has attracted global investors, calling Hong Kong's balance of security and openness "a model of mature governance under 'One Country, Two Systems.'"

The law defines four categories of national security offenses and establishes enforcement mechanisms while preserving Hong Kong's judicial independence. As geopolitical uncertainties grow, Lee urged continued vigilance to maintain the city's role as a "super connector" between the Chinese mainland and global markets.

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