A Hong Kong member of the National Committee of the Chinese People's Political Consultative Conference expressed confidence that China will achieve its 4.5-5 percent GDP growth target.

Stephen Law Cheuk-kin, who also serves as president of the Hong Kong Institute of Certified Public Accountants, said the confidence is based on the strength of key industries and expanding domestic demand.

He noted that the Hong Kong Special Administrative Region will continue to serve as a "super-connector" between the Chinese mainland and global markets.