A stable and harmonious social environment is the prerequisite for Hong Kong to prosper as an international financial center. The amendments to Annex I and Annex II to the Basic Law with the aim of improving Hong Kong’s electoral system are intended to ensure the city’s long-term stability and prosperity.

With the latest enhancement of Hong Kong’s political system and governing establishment, the business sector has full confidence that Hong Kong will continue to shine as Asia’s premier international financial hub.

With these amendments to the electoral structure, political bickering and problems hindering the development of Hong Kong, such as the endless filibustering in Legislative Council, will be significantly mitigated if not completely eliminated. With a much more favorable political environment, the pro-establishment bloc should work harder for the betterment of Hong Kong; they should work together and focus on matters affecting people’s livelihoods and economic development and diversification, as well as other deep-seated problems that have contributed to polarising and dividing Hong Kong society such as the housing shortage. We call for the SAR government to expedite identifying usable sites to increase the supply of public housing. For example, the large patches of green belts throughout Hong Kong can be considered for public housing projects, while keeping the beloved country parks intact.

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The pro-establishment camp should work hard and demonstrate to the public that, after enhancing the electoral system, the general public benefit from better governance in the city. Let citizens see that the pro-establishment camp is doing meaningful work that enhances the over well-being of Hong Kong society.

Over the past few years, I have met with many local professionals, who are hesitant to join the executive branch or LegCo, for worries over doxxing and harassment of their family members due to radical politicization of our society. As a result, the SAR government has failed to recruit as many talents as it needed over the past decade, affecting Hong Kong’s development. With the improvement in the social environment and less political confrontation and stalemate, the government can now attract more talents who want to contribute to society and serve Hong Kong society. A humble suggestion would be for the SAR government to take the lead in establishing a Hong Kong School of Public Administration to build a politics and administration talent pool. The training of public administration talents is an important area in many places such as the Chinese mainland and Singapore.

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With the latest enhancement of Hong Kong’s political system and governing establishment, the business sector has full confidence that Hong Kong will continue to shine as Asia’s premier international financial hub.

The author is chairman of the Greater Bay Area Homeland Youth Community Foundation.