SHANGHAI, Jun 6 -- CHINA held a seminar this morning to commemorate the 10th anniversary of implementing the Basic Law of Hong Kong Special Administrative Region.
Chairman of the Standing Committee of China's National People's Congress Wu Bangguo and Vice President Zeng Qinghong attended the seminar.
"Hong Kong has retained its international features, rule by law and various kinds of freedom guaranteed by the Basic Law after its return (to the motherland)," Hong Kong Chief Executive Donald Tsang said.
"With state care and assistance, we have strived to display our unique advantages and made significant achievements widely recognized by the international community," Tsang said.
Enacted in accordance with the nation's Constitution, the Basic Law specifies the guidelines of "one country, two systems," "Hong Kong people administering Hong Kong" with a high degree of autonomy, Tsang noted.
"The Basic Law has laid a solid foundation for Hong Kong's economic and social development and the improvement of people's livelihood," he said.
He said Hong Kong will strengthen cooperation with the mainland against the backdrop of global competition.
Hong Kong should expand the network with the mainland's provinces and municipalities and join hands with inland cities to avoid vicious competition, he said.
The chief executive said the Hong Kong's trade offices, set up in Shanghai and Chengdu last year, have promoted Hong Kong's economic and trade cooperation with the inland areas.
To reinforce its position as an international financial center of Asia, Hong Kong needs to get support from the inland areas and enhance interaction and complementation in the financial sector, he said.
Hong Kong will maintain its role as an international metropolitan, he said, adding Hong Kong will adopt an open and active attitude to enhance contacts with international community in terms of trade, education and culture.
Authorized by the Basic Law, Hong Kong can handle its external affairs and the central government has always supported the region to carry out exchanges with other countries and regions, which is very important to consolidate the region's role as an international metropolitan, he said.