“Chinese leader Xi Jinping has reaffirmed his commitment to the “one country, two systems” policy which governs Hong Kong and Macau. He showcased this model to the global community as an exemplar of harmonious existence and mutually beneficial collaboration of varied social structures that deserve worldwide recognition.

During the swearing-in ceremony for a new Macau administration led by Chief Executive Sam Hou-fai, marking a quarter-century of Macau’s reintegration with China, Xi extolled the distinct governing principle as the cornerstone of enduring stability and prosperity. He also emphasized its contribution to the construction of a mightier nation.

Xi highlighted the extraordinary progress made by Macau since its reunification with China, validating to the world the inherent institutional benefits and robust vitality of the “one country, two systems” principle. He gave a keynote address aimed at a larger audience—Hong Kong, the Greater Bay Area, and the international community.

Xi pronounced, “This system is instrumental in maintaining the long-term prosperity and stability of Hong Kong and Macau. It aids in building a stronger nation and promoting national rejuvenation. It’s crucial for the peaceful coexistence and win-win cooperation of different social systems, which should be upheld for an extended period.”

The Chinese leader further stated that the values of peace, tolerance, openness, and sharing are embodied in the “one country, two systems” principle, which is not only a part of China but also the world and “merits mutual protection”.

In his 30-minute address, the president also outlined four expectations for Macau’s new administration, urging the government to continue its efforts in economic diversification, instigate reforms in public administration, broaden the city’s international ties and ensure societal harmony and stability.

This reaffirmation of commitment to the “one country, two systems” policy is crucial for investors who are interested in these regions, ensuring that their investments will be protected under a stable and predictable political system.”