What is Hong Kong’s role under China’s new vision for better global governance?

What is Hong Kong’s role under China’s new vision for better global governance? City can be important ‘convenor and superconnecter ’ and set standards under China’s vision for more equitable global governance, analysts say Hong Kong could position itself as a magnet for international organisations and lead on setting standards, according to analysts who have weighed in how the city can contribute to Beijing’s global governance reform after the publication of a new white paper expanding on that initiative. According to the white paper, China said global governance was at a “critical crossroads” as the international system established after World War II had been disrupted by multiple crises. The country saw no need to “rebuild” or “replace” the existing international system but supported changes that were “more compatible and aligned” with realities today. Kenneth Wong, director of the University of Hong Kong’s (HKU) school of governance and policy, said the paper had arrived at a moment when rules-based institutions needed reinforcing.