The central government will transfer more funds to local governments, especially those in central and western China, Li said.
The city is poised to become a financial center in southwestern China thanks to its political and geographic significance.
The choice showed that people on both sides have a clear understanding of the difficulties currently facing cross-Strait relations, said Wang Cho-chung, president of China Times and Want Daily, at the announcing ceremony Friday.
The city’s time-honored brands are set for a makeover as the government continues to work on building the “four brands” of Shanghai — services, manufacturing, shopping and culture — over the next three years.
The city has attracted global giants and encouraged local firms to cooperate with the local government and tap into this market with huge potential.
The city's natural resources bureau said the regulations were not meant to facilitate private purchase of islands, but focus on environmental conservation, tourism and other development for the public interest.
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The central authorities have rolled out a host of tailored measures to curb female poverty, including a 2015 resolution to offer rural women free health checks aimed at early detection of cervical and breast cancer, she added.
The city is already leading in technology innovation in terms of patent volumes. The number of World Intellectual Property Organization's Patent Cooperation Treaty (PCT) filings from Shenzhen-based companies reached 18,000 in 2018, ranking it first in China for the 15th straight years and putting it on a par with Germany in the number of filings.
The central bank will support the zones through preferential loans and low-cost capital from green development funds, which will reduce financing costs in the field, he said. Chen added that the central bank will closely work with local governments to promote the project. He also urged innovation in green finance products and services and increasing transparency of the market.
The city also will collaborate on applications for permission to conduct test flights, in accordance with Spanish and European legislation, and will coordinate with EHang in the planning of flight routes.