Hong Kong is facing a very critical juncture in our political, democratic development. The city is increasingly being marginalised as a result of the rapid changes around us, generating deep-seated social, economic and political problems.

Hong Kong has been in a long soul-searching process of redefining its identity both socially and economically since as far back as the 1997 handover. We often hear the suggestion that Hong Kong needs a new economic engine, or that we lack one. There is no single solution to this problem, but, at least in economic terms, part of the answer will rest with Hong Kong's companies' continual flexibility in capturing opportunities in mainland China.

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