Vice-Premier Li Keqiang's visit to Hong Kong is expected to further expand economic ties between Guangdong province and the special administrative region.
Vice-Premier Li Keqiang urged the University of Hong Kong (HKU) to nurture talent not just for Hong Kong but for the nation.
The central government will set up a dedicated fund to aid 1,000 HKU teachers and students to visit the mainland every year, starting in 2012.
Central government will further encourage cooperation between mainland and Hong Kong enterprises to tap opportunities in the international market.
RMB bond issuing will be regular in Hong Kong, Vice-premier of State Council Li Keqiang on Wednesday morning announced in his keynote speech in a forum.
Vice-Premier Li said that new policies and measures will be introduced to make the cross-border relationship between the Chinese mainland and Hong Kong even stronger.
Despite difficulties and challenges with Hong Kong's economy, the central government will continue to provide strong support to the special administrative region.
Vice-Premier Li Keqiang dropped in on some of Hong Kong's everyday people on Tuesday, with stops at care centers and other locales.
Closer economic ties between the Chinese mainland and Hong Kong may help offset the impact of a decline in world growth.
Vice-Premier Li Keqiang starts his three-day official visit to Hong Kong on Tuesday, signaling the central government's commitment to create more business and investment opportunities.