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"Companies from Hong Kong have learned to succeed in the long term by staying steady and keeping low leverage," said Huang. "Being steady is like navigating the sea. A high leverage and heavy debt will affect how you manage and control the quality of the development," she said.

"China should use this opportunity to continue its efforts to rebalance the economy away from exports and investment, and toward strengthening household income and demand."

"Colin taught us to value education and equity, honor, respect and philanthropy," said Arthur Dugoni, the former dean of the?dentistry school who appeared at the award ceremony. "Colin has made a difference to thousands of lives here and in China, and other places in the world."

"China's economic growth and poverty alleviation since 1978 is unparalleled, making a profound contribution to regional growth and development," Ciobo said.

"China-Europe cooperation is crucial and important for reducing uncertainties in the current international situation and boosting the confidence of the global community," said Ruan Zongze, executive vice-president of the China Institute of International Studies.