The central government will as always support Hong Kong in growing its economy and improving the people's livelihoods, President Xi Jinping said on Thursday during his trip to mark the 20th anniversary of Hong Kong's return to China.
The city has released Policies on Supporting Mixed-Ownership Reform of the State-Owned Enterprises of Tianjin (Interim), including 15 policies concerning the land integration of real estate, tax planning and other respects.
The chip wholly developed by Xiaomi's subsidiary Pine Cone Electronics is displayed in Beijing, on Feb 28, 2017. [Photo provided to chinadaily.com.cn]
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The city, also known as the world's shoe capital, is home to more than 3,000 shoe manufacturing enterprises. It is reported that 40 percent of the sports shoes manufactured in China and 20 percent of sports shoes globally come from Jinjiang.
The central government has every confidence that Hong Kong and Macao will develop and thrive together with the mainland and maintain long-term prosperity and stability, and encourages Hong Kong and Macao to give better play to their strengths, and deepen mutually beneficial cooperation with the Chinese mainland in all fields, according to the report.
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The city has seen large-scale protests across the city in the past week. This included obstruction of public transportation and major roads, violent clashes with police in multiple locations, and unlawful demonstrations in the airport which forced all flights to be canceled after 3:30 pm on Monday.
The city, which already hosts 500 5G stations, is looking to build itself into a 5G pioneering venue. It aims to construct 10,000 5G base stations by the end of this year and 30,000 by 2021, said Zhang Jianming, deputy director of the Shanghai Municipal Economic and Informatization Commission, the local telecom and industry regulator.
The city is now soliciting public feedback for the center's environmental protection assessment.
The central government will also offer stronger support to the city after the national security law's enactment, including financial support to buttress its status as an international finance center, Zhang said.