1、From resilience to resurgence:paving the way forward for Hong Kong with confidence and visionIntroductionOne year on since Chief Executive John Lee took office,Hong Kong has demonstrated economic and social resilience at large and continued its steady path to recovery,scoring positive year-on-year r

2、eal GDP growth in the first and second quarter of 2023.Hong Kongs accession to the Regional Comprehensive Economic Partnership(RCEP),Chinas strong backing for Hong Kong to fulfil its super connector role in the development of the Belt and Road Initiative(BRI),the return of tourists marked by the suc

3、cessful launch of landmark events in recent months,and the International Monetary Funds(IMF)reaffirmation of the citys status as a robust and reliable international financial hub,were among some of the headlines worth celebrating.However,the Hong Kong Special Administrative Region(HKSAR)government s

4、till faces strong headwinds in the form of a global economic slowdown,the looming climate emergency,financial market volatility,let alone home-bound issues such as weak retail consumption and the ongoing talent shortage.1From resilience to resurgence:paving the way forward for Hong Kong with confide

5、nce and visionTo navigate the challenging landscape with confidence and vision,Hong Kong must give full play to its strengths as an international financial hub while fostering strong regional cooperations.By tapping into a comprehensive strategy toolbox from recalibrating its capital market strategi

6、es to fostering innovation and developing robust infrastructures the HKSAR government will be able not only to brave those challenges but also to create the environment necessary for upgrading and transforming its economic structures.Figure 1:A summary of PwCs recommendations for the HKSAR governmen