He said Porsche has started a pilot project with local technology companies to combine their know-how as part of its efforts to better serve younger and more tech-savvy Chinese customers.
He reiterated that the legislation and law enforcement in the future will not affect the legitimate rights and interests of Hong Kong residents.
He said Britain is an important participant in the initiative and has many advantageous resources in the economic, financial, law, educational, science and technological sectors. London also has demonstrated its strategic vision by "daring to be the first", he noted.
He said that reducing value added tax on the purchase of houses to 5 percent from the current level of 19 percent could boost even more the construction sector.
He said many central SOEs have set up communication departments to overcome these difficulties.
He said that artificial intelligence will be the main technology trend that many companies and entrepreneurs get a grip on, but its impact on ethics, law and the society should also be worth noticing.
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He said 40-year-old TRR needed complete renovation and efforts were made for it.
He said facts that must be respected include: "Hong Kong has returned to China; China has sovereignty over Hong Kong; the 'one country, two systems' principle must be seen in its totality; Hong Kong-related issues must be handled appropriately."
He said that Chinese companies have developed a complete set of mature technologies suitable for recovering shale oil in China, and the main challenges now for economic shale oil production are mainly the project management and operational costs.
He said better utilization of biomethane will help reduce pollution from agricultural and forestry waste, and also help upgrade agricultural and forestry sectors to produce high-quality products and organic food.