Hong Kong's new chief executive Leung Chun-ying Sunday said the new government will strive to safeguard the rule of law, clean government, freedom and democracy.
President Hu said the central government will remain committed to the principles of "one country, two systems," "Hong Kong people administering Hong Kong" and a high degree of autonomy.
A growing number of students from Hong Kong are choosing to study at universities on the mainland because of the high-quality education on offer and the valuable life experience and networking that follow.
President Hu Jintao said Sunday morning that Hong Kong residents now enjoy the range of democratic rights and freedoms that they had never done before.
In the years since Hong Kong's return to China, students from other parts of the country have been traveling to the special administrative region in large numbers to study and work.
Co-productions have gone mainstream, uplifting a sagging Hong Kong film industry and teaching new tricks to filmmakers across the border.
Man Kam-chuen has lived in Shenzhen for more than 17 years and considers it his second home.
Hong Kong's new chief executive said the new government will lead the city to develop the economy, improve people's livelihood, promote democracy. 
Leung's inaugural speech Rule of law Housing
Hong Kong with its low tax, yuan offshore services and ease of doing business has become the listing center for Chinese companies.
Since Hong Kong returned to China in 1997, its stock market has experienced exponential growth in market capitalization and initial public offering amounts raised.
A veritable fortress of skyscrapers stands guard over the heart of Hong Kong, each marked by a different financial institution.
President Hu arrived at the Hong Kong Convention and Exhibition Center Sunday morning to attend a gathering marking the 15th anniversary of Hong Kong's return to China. New HK govt to promote economy, democracy, livelihood
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