From Sunday, September 21 to Tuesday, September 22, former Chief Executive, Tung Chee-hwa, himself a tycoon, leads over 70 members of the Hong Kong business elite in attending a seminar on Hong Kong ‘political reform’, a meeting with President Xi Jinping and a dinner with National People’s Congress Standing Committee head Zhang Dejiang in Beijing.
This is only the second time since the 1997 handover that such a delegation of Hong Kong business elites have visited Beijing, called by Chinese Communist Party members to discuss ‘political reform’. The first time was in 2003, after the July 1 march of more than 500,000 people against Article 23 security legislation that the CCP and the Hong Kong government were trying to introduce in Hong Kong. As a result of that march, the Article 23 legislation failed and Tung Chee-hwa, Chief Executive at the time, was eventually forced to resign. Both visits of business elites, in 2003 and 2014, have come at moments of what the CCP regards as political crisis in Hong Kong and have been meant to shore up support by Hong Kong business elites for CCP policy in Hong Kong.
By many people in Hong Kong, the people on this list are regarded as amongst those most opposed to genuine universal suffrage. The business elites perceive equal political rights as threatening their business interests. Hong Kong is currently run as a kind of plutocracy, with the Chinese Communist Party and the Hong Kong business elites monopolizing all real political power.