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HK marathon gets 'M' Mark

The Major Sports Events Committee today announced that it has awarded the "M" Mark status to the 25th Standard Chartered Hong Kong Marathon to be held on February 12.   The committee's Chairman Wilfred Ng said the event will add colour and vibrancy to Hong Kong, like all other "M" Mark events.   “The 'M' Mark events showcase Hong Kong's capability to host world-class events and enhance Hong Kong's position as a centre for major international sports activities.   “These events also allow the general public to enjoy and participate in high-level competitions and nurture a sustainable sporting culture in the community,” he added.   Launched in 2004, the "M" Mark system aims to help local national sports associations organise more major international sports events and nurture them into sustainable undertakings. http://dlvr.it/Sj0HBF

Govt opposes US statements

Financial Secretary Paul Chan today said the malicious smear and allegations against the National Security Law made in the 2021 Investment Climate Statements: Hong Kong released by the US Department of State are unfounded.   In his response to the report, Mr Chan noted that the Hong Kong Special Administrative Region Government strongly objects and condemns the US administration's repeated attempts to smear the National Security Law and grossly interfere in Hong Kong's affairs, adding that it took great exception to the malicious comments relating to the law in the statements.   "The statements on one hand attempted to slander the National Security Law, but on the other hand mentioned that Hong Kong remains a popular destination for US investment and trade, possesses world-class institutions and regulatory systems and provides competitive financial, trading and professional services.   "The relevant comments proved that the remarks made by the US administration are self-contradictory, illogical and the accusations to the National Security Law are self-defeating."   He reiterated that the implementation of the National Security Law has safeguarded Hong Kong's unique strengths under the "one country, two systems" principle and ensured a safe and stable environment, which reinforced the city's position as an international financial centre and is conducive to attracting more global investors to do business and invest in Hong Kong.   To seize the opportunities arising from the Guangdong-Hong Kong-Macao Greater Bay Area market and green finance, some global financial institutions are already planning to increase investment or expand their operations in Hong Kong, reflecting international investors' confidence in the city, he added.   The finance chief also pointed out that the implementation of the National Security Law in the past year has made Hong Kong's transition from chaos to order and returned people's lives to normal.   Furthermore, the improved electoral system has mitigated internal attrition and political wrangling, enabling the Hong Kong SAR Government and the society to focus their energy on developing the economy and improving livelihoods.   Mr Chan said: "Hong Kong's position as an international financial centre is as strong as the past. Its financial market has remained robust.   "The Hong Kong SAR Government has strong confidence and ability to fully utilise Hong Kong's unique advantages and competitiveness, grasp the enormous opportunities brought about by the National 14th Five-Year Plan, the bay area development and the Belt & Road Initiative, leading Hong Kong's economy to prosperity."
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