This Jan 22, 2020 photo shows Hong Kong Chief Executive Carrie Lam (center) along with Hong Kong's Secretary for Commerce and Economic Development Edward Yau (right) meeting International Monetary Fund Managing Director Kristalina Georgieva at the World Economic Forum in Davos, Switzerland. (PHOTO / HKSAR GOVERNMENT)

DAVOS, Switzerland - Chief Executive of the Hong Kong Special Administrative Region (HKSAR) Carrie Lam on Wednesday highlighted the importance of understanding accurately and implementing fully the "one country, two systems" principle, as well as upholding the rule of law, to the future of Hong Kong.

CE Carrie Lam emphasized that the HKSAR has all along been adhering to three principles in dealing with the social unrest, namely upholding the "one country, two systems" principle and the Basic Law

Lam made the remarks when attending an open dialogue at the annual meeting of the World Economic Forum in Davos, Switzerland.

After arriving here on Tuesday, Lam met with Singaporean Prime Minister Lee Hsien Loong and Luxembourg's Prime Minister Xavier Bettel, separately, in the afternoon.

Noting that Hong Kong experienced an unprecedented challenge last year, she expressed her confidence that the city is capable of overcoming the current difficulties with its solid foundation.

ALSO READ: Carrie Lam to lead HK delegation to WEF Davos meet

Lam emphasized that the HKSAR has all along been adhering to three principles in dealing with the social unrest, namely upholding the "one country, two systems" principle and the Basic Law, respecting and safeguarding the rule of law and protecting Hong Kong's institutional strengths. 

Lam met the managing director of the International Monetary Fund (IMF), the chief strategic advisor to the UK prime minister and a number of leaders from such sectors as finance, insurance and investment to update them on Hong Kong's latest social situation and measures taken by the HKSAR government, as well as promote Hong Kong's advantages.

Lam, accompanied by HK's Secretary for Commerce and Economic Development Edward Yau, met IMF Managing Director Kristalina Georgieva and thanked the IMF for its report issued last month, which reaffirmed that Hong Kong's prudent policies and ample buffers would enable the city to meet economic challenges.