While drafting the law, the NPC should make clear in the legislation the central government's power to enforce the law in Hong Kong, Deng said.Though the major responsibility of enforcing the national security law and the prosecution process will be bestowed upon the SAR following promulgation of the law, the central government should retain its jurisdictions over some special situations where national security is grossly compromised, he said. Such special situations will be few, however, Deng added.The central government will establish national security agencies to oversee national security-related issues and build a coordination mechanism with local national security bodies, he said.Despite differences between the legal and judicial systems of the Chinese mainland and Hong Kong, some principles adopted by the criminal law systems on the mainland, which are no different from those in Hong Kong, should be incorporated into the tailor-made law for Hong Kong, Deng said.These principles include the presumption of innocence and the right of the accused to defend themselves, he added.Wang Zhenmin, director of the Center for Hong Kong and Macao Research and head of the National Governance Institute at Tsinghua University, said on issues related to national security the region should adopt a one-for-all principle or system, just like in the US and the UK."Though we are entitled to apply that principle in the case of Hong Kong by simply applying the national security law adopted on the mainland, we chose not to. Tailoring a national security law for Hong Kong is the most moderate and fundamental way to protect national security in Hong Kong," the professor said. The proposed national security law is not meant to revise the Basic Law, but to address the issues the latter has yet to solve or provide an explicit provision about. The Basic Law will remain unchanged, Wang said. Over the last two decades, many lies were spread about the "one country, two systems" policy, but Hong Kong still remains one of the cities with highest level of autonomy and freedom, putting to rest those claims. However, the greatest detriment in this legal gap has fallen on the youth, who have suffered and lost a lot, he added, referring to the fact students made up about 40 percent of the 9,000 arrested during the prolonged street violence which began in June 2019.
While economists generally agree that a tightening bias will likely set the theme next year, they are divided on which tools the PBOC may use to guide market interest rates and maintain an appropriate level of credit supply.
While the epidemic is gradually coming under control in China with arduous efforts-including in Wuhan, where the daily total of new cases dropped to 131 on Wednesday from a peak of nearly 4,000 in mid-February-the epidemic is rising in many other countries, including Italy.
While the growth of the foreign investment was already as high as 13.9 percent during the first half of last year, the number has climbed further despite the epidemic.
While adopting new measures to ensure the quality of products, China has not restricted medical supply exports, according to businesses.
While?Amazon will take a percentage of the sales made through the system, it could still be a net benefit for e-commerce sites that see increased sales in addition to?lower payment processing and account management?costs.
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While a strong economy and deep corporate tax cuts are expected to have driven profits of S&P 500 companies up 22 percent in the third quarter, according to Refinitiv data, investors are nervous over the outlook for future growth due to concerns over trade, rising costs and other factors.
While awaiting the specific tariff plans, Laurent Diot, deputy general manager of Dongfeng Renault Automobile foresees a climb in import volume for Renault models.
While maintaining relations with China, the US challenges its core interests such as those involving the Taiwan question, Jia said.
While premium new energy vehicle models were banking on the tradeshow to attract attention, vibrant Chinese startups are picking out their varied paths to capture the imagination of younger customers who heavily rely on the internet.