In the past 20 years, tourism has emerged as the fastest-growing pillar of Hong Kong's economy, boosted by a rise in the number of visitors from the Chinese mainland.
In the run up to the holiday, China eased restrictions on theaters, allowing them to use 75 percent of the total number of seats. Previously, the limit was 50 percent.
In the process of China's opening-up, its insurance sector has long been a pioneer, Miao said.
In the otherworldly scenic spot of Kanas, about 1,000 tourists from around the country poured snow on each other to ring in the New Year. The scene was part of the 11th ice and snow tourism festival in Kanas during the New Year holiday.
In the most extreme circumstance, Xishui county, Hubei province, had 999 millimeters of precipitation from July 4 to 9, said Zhang Fanghua, chief forecaster at the center.
In the next three years, the potential market of relevant products in China is expected to surge to eight trillion Yuan (.1 billion), a new leading force behind China's future economic growth.
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In the next step, assessment standards will be made for banks based on their operations in inclusive finance, with efforts to accelerate building systems for supportive services and credit information, said a statement released after the meeting.
In the long run, Hong Kong needs support from the central government to consolidate its leading role in aviation in the Guangdong-Hong Kong-Macao Greater Bay Area, where five airports are located, and to expand the flows of intermodal cargo and passengers in the region, Law added.
In the past six years, it has safely transported 672 million passengers.
In the past 20 years, the renminbi has appreciated by about 20 percent against the dollar and become one of the world's strongest currencies, according to the Bank for International Settlements.