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In his turn, Bui Huy Son, director of Vietnam Trade Promotion Agency under the Ministry of Industry and Trade, noted that the trade promotion group has provided a practical method to promote economic and trade ties between two countries.

In less than three months, the service has handled up to 50,000 customers, and the company is going to launch a similar service for its traveling products.

In particular, it's a big advantage that Hainan will not focus primarily on finance or seek to become one of the tax-havens found around the world. As we've seen in major finance centers, including New York, London and Hong Kong, finance salaries are often so high that they raise costs to a level that almost all other types of business are driven away.

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In past easing cycles, about half of new credit went to the property sector, making China's economy in general and the financial sector in particular increasingly dependent upon property markets.

In order to keep people cool in the summer, the city will invest 55 million U.S. dollars to buy some 74,000 air conditioners for lower-income seniors. Some community cooling centers may also open with strict health guidelines, but "the beaches and the pools are not in the cards right now," he said at his daily briefing.

In light of the city's overstretched public health system, two local political organizations-the Democratic Alliance for the Betterment and Progress and the Federation of Trade Unions met with the Liaison Office of the Central People's Government in the Hong Kong Special Administrative Region on Saturday, seeking the central government's help for Hong Kong in the battle.

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In his view, Chinese designers have taken big strides in recent years by shifting from copying to developing their own identity based on their creativity and culture. The company is already working with Chinese designers.

In his opinion, China's supply-side reform as well as the government's proactive management of environmental protection and safety have created huge business opportunities.

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In line with the goal, China will accelerate the expansion of current overcrowded airports and have at least six aviation hubs capable of handling 100 million trips annually in the long run, the administration's plan said.

In order to help the industry, the local government built a specialized jasmine plantation in 2007. An industrial park was set up for jasmine planting, processing as well as technological research and development in 2014.