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China Baowu Steel Group's Hwabao Investment Co Ltd and US-China Green Fund will hold 25 percent each, WL Ross & Co 26 percent and China Merchants Finance Holdings Co Ltd 24 percent.

Cheung dismissed claims that those rules on campus infringe on academic freedom, saying any attempt to discredit national safety in the city was "nonsense".

Chen said that it will also promote broader cooperation in the e-commerce sector between China and Southeast Asian, and East Asian countries; and China's advanced experiences and model in cross-border e-commerce will be introduced to and shared with other member countries in the RCEP region.

Chief Executive of the Hong Kong SAR Carrie Lam Cheng Yuet-ngor (center); Yang Jian (second from right), deputy director of the Liaison Office of the Central People's Government in the Hong Kong SAR; Xie Feng (first from left), commissioner of the Ministry of Foreign Affairs of the People's Republic of China in the SAR, are among the 340-plus guests joining China Daily Editor-in-Chief Zhou Shuchun (second from left) at China Daily Asia Leadership Roundtable luncheon themed "Guangdong-HK-Macao Greater Bay Area from the Belt & Road Perspective: Opportunities and Challenges" held on Monday in Hong Kong, in celebration of China Daily Hong Kong Edition's 20th anniversary. [Edmond Tang, Roy Liu/China Daily]

Chen Xiaohong, professor of transportation engineering at Tongji University, said: "In terms of sharing economy, NEVs can help reduce traffic jams as well as air pollution. They are also an ideal way to optimize resources including parking lots.