Even the handshakes were timed as Donald Tsang Yam-kuen met President Hu Jintao last night for the first time as Hong Kong's acting chief executive. Joining nearly 70 tycoons and his Macau counterpart, Edmund Ho Hau-wah, for the opening of the Fortune Global Forum at the Great Hall of the People in Beijing, observers were eager for any hint of political endorsement as the group met Mr Hu. Despite a hearty chat during an impressive 11-second handshake with Mr Hu, Mr Tsang was still given two seconds less than Pansy Ho Chiu-king, daughter of Macau casino tycoon Stanley Ho Hung-sun. Not that Mr Tsang had much to worry about, given the toast he received over dinner from State Councillor Tang Jiaxuan . 'We will give you full support,' Mr Tang said, apparently animated at hearing Hong Kong was doing well. Time Warner chief executive Richard Parsons was the first to shake hands with Mr Hu, followed by Mr Tsang and Mr Ho. Business leaders greeted by the president included David Eldon, chairman of Hongkong Bank, Wharf (Holdings) honorary chairman Peter Woo Kwong-ching and Robert Kuok, who controls the Kerry Group, the largest single shareholder of the SCMP Group. Mr Hu pledged continued economic engagement. 'We will continue to step up economic co-operation with the outside world and will create a better environment for foreign companies to invest in China,' he said. Earlier, Mr Tsang met Liao Hui, director of the Hong Kong and Macau Affairs Office, at the Diaoyutai State Guesthouse. Mr Tsang told Mr Liao he would make a decision on whether to stand in the chief executive election after the passage of the amendment to the Chief Executive Election Ordinance on May 25.