The newly inaugurated government team must follow the administrative principles of "putting people first" and "scientific decision-making", strengthen premonitory senses and risks awareness, be prepared for danger in times of peace, and fully leverage advantages of "One country, two systems". These principles were outlined by the Chief Executive Mr Chui Sai On in a speech at a cocktail reception to celebrate the 15th anniversary of the Macao Special Administrative Region. Earlier in the day the President Mr Xi Jinping officiated at the swearing in of Mr Chui as the fourth-term Chief Executive, followed by the officials, Public Prosecutor-General and members of the Executive Council. Mr Chui said Mr Xi's important speech at the inauguration provided a clear guidance on the future development of Macao, encouraging the Government to continue implementing the principle of "One country, two systems". Reviewing Macao's achievements in the 15 years since sovereignty reverted to China, he said Macao has proven its ability to overcome challenges to maintain overall stable growth, demonstrated advantages and strong vitality of the principles of "One country, two systems" and the full support of the Central Government. The experience clearly showed that maintaining close connection between the mainland and the Special Administrative Region would ensure Macao's sustainable development in the future. Mr Chui said he and his team acknowledged that opportunities and challenges co-exist in new development stages. Expediting adequate economic diversification, strengthening the legal system, enhancing legal consciousness and improving administrative efficiency would be a priority in the policy agenda of governance in the five years ahead, he said. The Government considered developing a long-term mechanism for fiscal surplus allocation on top of the current four long-term mechanisms for social security, healthcare, housing, education and talent cultivation, to ensure rational distribution of benefits from the fruits of economic development. The Government attached great importance to people's wellbeing, and would make greater efforts in people's livelihood construction and support the underprivileged in a timely manner, said Mr Chui. The new Government would make its best efforts to establish Macao as "one centre and one platform" – a world centre of tourism and leisure, and a commercial and trade co-operation service platform between the mainland and the Portuguese-speaking countries, and to strengthen integrated tourism and traditional industries. Mr Chui expressed his sincere respect and gratitude to the Central Government and its representative offices in Macao for the strong support; he also extended his heartfelt thanks to all residents for their efforts to build a better Macao. Before attending the cocktail reception, Mr Chui bade farewell to Mr Xi as he departed Macao with the First Lady and his entourage on completion of his two-day visit to attend a string of 15th anniversary celebrations. Guests at the cocktail reception included the Vice Chairman of Chinese People's Political Consultative Conference National Committee, Mr Ho Hau Wah; Director of the Liaison Office of the Central People's Government in the Macao SAR, Mr Li Gang; Commissioner of the Office of the Commissioner of the Ministry of Foreign Affairs of the PRC in the Macao SAR, Mr. Hu Zhengyue; Commander of the People Liberation Army Macao Garrison, Mr Wang Wen; President of the Legislative Assembly, Mr Ho Iat Seng; President of the Court of Final Appeal, Mr Sam Hou Fai and other 1,100 dignitaries from various sectors.