Li assured the business owners that the government will give them more support, as independent vendor and small shop businesses are important sources of job creation.
Leung said Hong Kong also is a highly international society, and the international community is familiar with its legal system and the common law.
Li Ka-shing, who will turn 90 in July, recalled at the ceremony "where we are now was a swamp 38 years ago. Many mocked me that this was but a fool's dream. I believe then, as I believe now, that only through education can we fulfill the promise we hope for the future."
Li attributed China's outstanding performance in innovation to a stable regulatory environment that supports innovation, the dynamic business network, as well as improved innovation capabilities facilitated by internationalization and globalization.
Lenovo Capital and Incubator Group, a venture capital unit of Lenovo, has established a billion fund to support the development of its ecosystem partners.
Li Gang, vice-president of the Chinese Academy of International Trade and Economic Cooperation, said as China's economy is transitioning to a phase of high-quality growth, the country needs to further push reform and expand opening-up.
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Li admitted that blind tasting is a shortcoming for Chinese teams, and hoped that Chinese universities could allocate more funds to facilitate wine appreciation.
Li also called for enhanced people-to-people exchanges between the two countries to enable better understanding between the two peoples.
Li Jun, deputy director of the Shanghai financial services office, said the changes will make Shanghai an important crossroads for domestic and foreign capital.
Li Tianhong, a 30-year-old electrical engineer from Changsha, in Hunan province, won the Sir Patrick Moore Prize for Best Newcomer in the Astronomy Photographer of the Year 2018 competition.