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Hu heaps praise on Li Ka-shing as they meet for a one-on-one

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Li Ka-shing was given a high-profile reception by President Hu Jintao in Shenzhen yesterday and invited to deliver a speech at the ceremony marking the special economic zone's 30th anniversary.

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In a one-on-one meeting beforehand, Hu said he had told Guangdong party secretary Wang Yang shortly after arriving in Shenzhen on Sunday that he would like to meet the chairman of Cheung Kong (Holdings).

'After learning that Mr Li would come to Shenzhen, I told Wang Yang that I would like to meet Mr Li. No matter how long the meeting would be, I hoped to have a chat with Mr Li,' the president said.

Hu praised Li as an outstanding entrepreneur who had contributed to the country's economic reform and modernisation as well as the preservation of Hong Kong's prosperity.

'Mr Li is an important participant in the economic construction of Shenzhen. I hope Mr Li continues to exercise his influence in future to foster co-operation between Hong Kong, Shenzhen and Guangdong, and play a greater role in preserving Hong Kong's prosperity and stability, as well as the country's reform and modernisation,' Hu said.

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Li was the only person from Hong Kong who was given a separate reception by the president.

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