The president said he hopes the SAR government, led by Ho Iat-seng, will fully and accurately implement the principle of "one country, two systems," strictly abide by the Constitution and the Basic Law, continuously advance economic development, people's wellbeing and social harmony.

Macao should also actively participate in the Belt and Road Initiative and the development of the Guangdong-Hong Kong-Macao Greater Bay Area, Xi said.

Ho said the new SAR government will take a long-term perspective and crack hard nuts to ensure sustainable and steady economic development.