Chinese leader Xi Jinping will attend in what is his first trip outside mainland China since early 2020.
Hong Kong will on Friday mark 25 years since the city was handed back by the British to China.
This comes in the wake of an Omicron outbreak in Hong Kong which fuelled doubts over whether Mr Xi would cancel his visit. Mr Lee, widely seen as a tough pro-Beijing leader, got the top job through an uncontested election - a particularly sore point for many Hongkongers who say China has gone back on its promise to make the process fully democratic eventually.
Even as much of the world opened up, Hong Kong stuck to the unyielding policy followed by mainland China to try to stamp out the virus, despite the economic toll.
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