This year, Luo set the theme as the "Basic Situation," discussing a variety of macro issues on China's economy, consumption trends, flow of wealth, education, science and technology as well as manufacturing prowess.
This would be the second high-level meeting since a bilateral trade dispute escalated in March. The first talks took place in Beijing on May 3 and 4.
Those with safety risks will be told to straighten things up, and personnel responsible will be punished, it said.
This year's Spring Festival holiday runs from Feb 15 to 21. Most people return home for family reunions during the most important festival in China. In recent years, people have also taken the long holiday as a chance to travel, pushing up demand for tickets and prices.
This year's projected unemployment rate was cut to 7.6 percent from 9.3 percent, which was above the 8.4 percent jobless rate for August.
This year, the trade fair of CSIAF, which is an integrated part of the festival, hosted 460 institutions and groups from 53 countries and regions. A total of 220 projects from China at the fair made potential deals to perform overseas, while 228 productions from abroad signed intended contracts to tour China.
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Those who expect hefty returns on overseas property investments made for children's education purpose might get disappointed. Mature markets like the US and the UK will not see high-percentage growth year-on-year as there is not "enough growth potential in the foreseeable future", said Yu Ran, who just bought a three-bedroom flat in Melbourne.
This week, Anhui Jianghuai Automobile Co Ltd, better known as JAC Motors, became the latest Chinese manufacturer to present its line of passenger and commercial vehicles for Argentine consumers.
This year marks the 15th anniversary of the establishment of the China-EU comprehensive strategic part-nership, as well as the 20th anniversary of the China-EU leaders' meeting mechanism.
Those students, he said, face "pretty grim prospects" in the job market.