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He cited spicy hotpot restaurants as an example. Yuen said it is rare to see such restaurants in Hong Kong as spicy food is not popular there, but the eateries are common in Guangzhou thanks to a large and diverse population.

He is much less worried about an economic or financial crisis in China as some have predicted. "I think China has enough resources and buffers to be able to prevent the rising debt level turning into a financial crisis," he said.

He has been both a member of the US National Academy of Sciences and a fellow of the American Academy of Arts and Sciences.

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He noted that with the continuous spread of the pandemic globally and its huge impact on the world economy, China now faces fresh difficulties and challenges in its recovery and socioeconomic development.

He believes its entrance into the US, the world's most strictly regulated and largest pharmaceutical market, will boost Chinese drug makers' self-confidence eyeing overseas markets.

He called on both countries to establish and improve institutions for maritime communication, saying the Chinese and Philippine coast guards have set up hotlines, and are discussing the launch of a maritime and air liaison mechanism.

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He called upon both sides to give play to the opening-up spirit, which features cooperation and win-win outcomes.

He believed that the passing of dual-class share system will attract more hi-tech companies from Chinese mainland to Hong Kong and bring more opportunities for young talents in the city.

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He asked whether one can honestly say the common law system in Hong Kong, once a robust and effective common law system in 1997, is "fit for purpose".

He made the remark after the NPC Standing Committee unanimously passed the Law of the People's Republic of China on Safeguarding National Security in the Hong Kong Special Administration Region on Tuesday. The law has since been added to Annex III of Hong Kong's Basic Law and come into effect.