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He said he expected more technological cooperation between domestic firms and their global peers and more manufacturing products into the Chinese market.

Echoing his words, Carol Liao, greater China president at Boston Consulting Group (BCG), believes the China is providing global companies with rare opportunities. "It has the world's largest consumer market only after the United States and tops the globe in many subdivided markets, including smart phones, bike-sharing and automobiles."

The district can not only provide local residents with a convenient cultural and entertainment site, but is also conducive to the cultural and innovative industry development in the HKSAR, Xi said.

(Xinhua reporters Xu Shouming, Yuan Mengchen contributed to the story.)

The cooperation has already shown results, Liu said, citing China-built expressways in Turkey and refineries in Saudi Arabia.