The Hong Kong Special Administrative Region (SAR) is to see gradual progress in promoting democracy in the future, Premier Wen Jiabao said Sunday.

"Hong Kong will not only enjoy rapid economic development but also see gradual progress in promoting democracy in accordance with the basic law," Wen said at a press conference after the conclusion of the annual session of the National People's Congress (NPC).

Hong Kong should give further play to its status as the global center of finance, trade and shipping, Wen said.

"The vast market and rapid economic development in the inland should be a strong source of potentials for Hong Kong's future development," Wen said.

He urged Hong Kong to take its geographic advantage to further its cooperation with the neighboring Pearl River Delta region.

The premier noted that Hong Kong should further develop those industries with comparative advantages, especially the service industry.

Wen also said the central government will solicit opinions from all circles in Hong Kong while formulating the country's 12th five-year economic development plan.

"The plan will take into consideration the close economic ties between Hong Kong and the inland, and especially its connection with the Pearl River Delta region," Wen said.

(Xinhua News Agency March 14, 2010)