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As you rightly say, the Joint Declaration recognized that Hong Kong would have a “high degree of autonomy” after 1997, subject, of course, to China’s sovereignty. However, it specifically exempted “defense affairs”, and this exclusion, together with foreign affairs and other matters outside local autonomy, is now enshrined in the Basic Law. The Joint Declaration, as the Foreign Office should have told you, said nothing about national security, which involves China’s own defense interests. The UK never proposed, and China never agreed, that, after 1997, Hong Kong would be denied the laws it required to defend itself from subversive activities or terrorism, or to protect the nation. Under China’s Constitution, national security is always a matter for the country as a whole, just as it is in the UK, and we must all pray that the existential threats can be neutralized by the incoming law.

As the epidemic wanes and policy support intensifies, loan issuance is expected to soar 80 percent in 2020, which is enough to support 1 million individual businesses and 10,000 small and micro-firms, up 43 percent and 52 percent from last year, respectively, the MOF said.

As the country moved to enhance support for the real economy, Shanghai-listed companies in the real economy reported revenue growth of 13 percent and profit growth of 25 percent, much faster than the 7 percent revenue and profit growth of financial companies there.

As reported by online technology media platform 36 Kr, currently, the market's tremendous growth potential is attracting numerous enterprises. Major players include Sony, Lego, RoboRobo, Makeblock, and Xiaomi.

As stated on the report, the young men account for 64 percent of the population, nearly doubles the percentage of young women, and youths born in 1990s take up 61 percent.