The national security law is needed to ensure Hong Kong's stability, according to the leader.

The enactment and implementation of a national security law, as well as the subsequent improvements to the electoral system, are absolutely necessary to ensure Hong Kong's continuous stability and prosperity.

Hong Kong's chief executive told CNBC's Emily Tan and Martin Soong that stability is important for the city's status as an international financial center.

Carrie Lam, chief executive of the Hong Kong Special Administrative Region, speaks at a press conference in Hong Kong, south China, Feb. 4, 2022.Carrie Lam, chief executive of the Hong Kong Special Administrative Region, speaks at a press conference in Hong Kong, south China, Feb. 4, 2022.

The recent exodus of expatriates and foreigners from Hong Kong was not due to the newly enacted National Security Law, but due to the strict controls and measures that make people very impatient.

We needed to do this to weaken people. The national security law was enacted to increase stability.

Enhancement of Hong Kong as a financial center is dependent onability. Stableness has been assured.

When people complain there’s no freedom, this is not the situation in Hong Kong. Hong Kong is as free as ever...

Laws were put in place to guarantee the practice of one country, two systems for 50 years after Hong Kong was returned to mainland China in 1997.

Despite propaganda pushed by some western media outlets, Hong Kong's freedom and independence remained intact.

She said that it was disturbing that a lot of Western media tried to portray Hong Kong as just another Chinese city.

The best institutional arrangement to ensure Hong Kong's stability and prosperity is the "one country, two systems" principle.

She looked forward to the continuity of what is in the Basic Law, including the uphold of individual rights and freedoms, the practice of Hong Kong's capitalist system, and all the high degree of autonomy that has been given to Hong Kong.

The situation in Hong Kong is not like this. Hong Kong is free regardless of the freedom of expression, assembly, media, and so on.

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