RESPONSIBILITY OF THE CPG. TROOPS JENT

TEL. MUHJ

SAR FOR THE PURPOSE OF DEFENCE WILL NOT INTERFERE IN THE INTERNAL AFFAIRS OF THE SAR, AND THE COST OF THE TROOPS WILL NOT BE BORNÉ

BY THE SAR.

(11) THE HONG KONG SPECIAL ADMINISTRATIVE REGION WILL HAVE A HIGH DEGREE OF AUTONOMY AND WILL BE ADMINISTERED BY LOCAL HONG

KONG PEOPLE.

APART FROM FOREIGN AFFAIRS AND DEFENCE WHICH ARE THE RESPONSIBILITY OF THE CENTRAL PEOPLE'S GOVERNMENT THE HONG KONG SPECIAL ADMINISTRATIVE REGION WILL ENJOY A HIGH DEGREE OF AUTONOMY INCLUDING EXECUTIVE, LEGISLATIVE AND INDEPENDENT JUDICIAL POWER, INCLUDING THAT OF FINANCIAL ADJUDICATION. THE HONG KONG SPECIAL ADMINISTRATIVE REGION WILL HAVE INDEPENDENT FINANCES. FINANCIAL INCOME WILL BE ENTIRELY USED BY THE SPECIAL ADMINISTRATIVE REGION FOR ITS OWN NEEDS. THE HONG KONG SPECIAL ADMINISTRATIVE REGION ON ITS OWN MAY DETERMINE POLICIES TO BE APPLIED IN HONG KONG IN THE ECONOMIC, TRADE, CULTURAL AND EDUCATIONAL FIELDS.

THE GOVERNMENT OF THE HONG KONG SPECIAL ADMINISTRATIVE REGION WILL BE COMPOSED OF LOCAL PEOPLE. THE CENTRAL GOVERNMENT WILL NOT SEND PEOPLE TO ADMINISTER HONG KONG. AMONG THE INHABITANTS OF HONG KONG 98% ARE OUR COMPATRIOT. THE OVERWHELMING MAJORITY OF THEM LOVE THE MOTHERLAND AND LOVE HONG KONG. THE ECONOMIC PROSPERITY AND DEVELOPMEN

T

OF HONG KONG IS THE RESULT OF MANY FACTORS, AMONG WHICH THE INTELLIGENCE, TALENT AND HARD WORK OF THE BROAD MASS OF HONG KONG COMPATRIOTS HAVE PLAYED AN IMPORTANT ROLE. THEY ARE FAMILIAR WITH THE ENVIRONMENT OF THE TERRITORY AND THE CAPITALIST METHOD OF ADMINISTRATION. THEY ARE ENTIRELY CAPABLE OF ADMINISTERING HONG KONG WELL. THE SPIRIT OF GIVING FULL PLAY TO OUR HONG KONG COMPATRIOTS TO ACT AS MASTERS IN THEIR OWN HOUSE WILL BENEFIT FROM THE CENTRAL GOVERNMENT NOT SENDING PEOPLE TO ADMINISTER HONG KONG.

IN ADDITION, THE CENTRAL PEOPLE'S GOVERNMENT WILL AUTHORISE THE HONG KONG SPECIAL ADMINISTRATIVE REGION TO DEAL WITH CERTAIN EXTERNAL AFFAIRS, NOTABLY THOSE IN THE ECONOMIC AND CULTURAL FIELDS. UNDER THE PRINCIPLE THAT FOREIGN AFFAIRS ARE TO BE MANAGED BY THE CENTRAL PEOPLE'S GOVERNMENT, THE HONG KONG SPECIAL ADMINISTRATIVE REGION, USING THE NAME HONG KONG, CHINA'' MAY ON ITS OWN MAINTAIN AND DEVELOP ECONOMIC AND CULTURAL RELATIONS AND CONCLUDE RELEVANT AGREEMENTS WITH STATES, REGIONS AND RELEVANT INTERNATIONAL ORGANISATIONS.

[1] HONG KONG'S EXISTING SOCIAL AND ECONOMIC SYSTEMS WILL

Mark

'

MINIM UNCHANGED AND THE

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