Vice Premier He Lifeng said on Tuesday he hopes Hong Kong can seize potential opportunities in the country's new five-year plan while strengthening cooperation with the mainland to consolidate its status as a global financial and shipping centre.

He made the remarks at the opening of the Global Financial Leaders' Investment Summit hosted by the Hong Kong Monetary Authority in Rosewood Hotel in Tsim Sha Tsui.

Speaking at the event via a video link, He noted that Hong Kong has made unique and major contributions during the country's current 14th Five-Year Plan period, with the city participating in high-quality implementation of major national strategies, such as the Belt and Road Initiative.

He said the new 15th Five-Year Plan laid out by the Central Committee of the Communist Party has specific proposals to support Hong Kong's development.

"With the launch of the new journey of the 15th Five-Year Plan for the country, Hong Kong is destined for significant historical development opportunities. Its future is bright," he told some 300 global financial leaders, one third of whom are top bosses at banks and other financial institutions.

"I hope Hong Kong can seize the opportunities and proactively deepen its connection with the country's 15th five-year development plan and enhance economic and financial cooperation with the mainland," He said.

Hong Kong, he added, should "further enhance its status as a global financial and shipping centre and accelerate the building of an international innovation and technology hub, demonstrating greater achievements in integrating in and serving the overall development of the country".

He, who has been playing a leading role in trade talks with the United States, noted that China's exports rose by 7.1 percent year on year in the first three quarters this year in spite of severe external challenges, thus contributing to the stability and growth of global trade.

"We have always believed that the global economy and trade should follow their own rules, where continuous deepening of cooperation among economies not only serves their own vital interests but also the common interests of all parties," he said.

"China will join hands and work with all parties to address the difficulties and challenges facing the global economy and trade, jointly maintain a healthy and stable international economic and trade order, while striving to ensure the stability of the global industrial and supply chains."

He said Hong Kong, as a world-leading international metropolis, has been widely and deeply involved in the global economic, trade, and financial systems and has advantages in promoting improvements in global financial governance.

He called on the SAR to better play its role as a "bridge" to actively participate in the research and practice of governance and promote stable development of the global economy and trade.

Deputy People's Bank of China governor Lu Lei said the central bank would continue to deepen financial cooperation with Hong Kong while backing SAR moves to further develop the offshore yuan market.

Beijing, he added, would also make use of monetary policy tools to "unleash" policy effects to boost domestic demand and technological innovation.

Zhou Liang, vice minister of the National Financial Regulatory Administration, said Beijing would support mainland banks and insurers in the provision of financial services in Hong Kong that enables mainland enterprises to expand overseas.