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Chen added that the Belt and Road Initiative proposed by China, which aims to build a trade and infrastructure network connecting Asia with Europe and Africa along and beyond the ancient Silk Road trade routes, will also provide immense opportunities for African countries, and companies involved.

He urged the chamber to give full support to the chief executive and the government of the Hong Kong Special Administrative Region (SAR) in their administration according to law.

Over the past 20 years, Hong Kong has confronted many challenges including the Asian financial crisis in 1997 and global financial crisis in 2008.

"China needs Europe's advanced technology, while Europe needs China's vast market," said Ruan, adding that innovation cooperation would broaden the areas and enhance the level of the China-EU cooperation.

Jointly compiled and edited by the China International Publishing Group (CIPG), the China Academy of Translation and the Translators Association of China, the book covers the main objectives and key projects of the initiative and serves as a reference for people overseas.