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The country will continue to implement policy incentives and step up financial support for SMEs, while helping them to develop expertise in specific fields, Miao said.

The cost of car-sharing business includes the fixed prices of vehicle purchases, network construction and vehicle insurance, and the operation cost of vehicle depreciations, parking, technology development, vehicle maintenance and management.

The country's amended Private Education Promotion Law took effect in September last year.

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The conversation took place just weeks after Amazon closed its .7 billion acquisition of Whole Foods Market — ?a record deal that gives the e-commerce giant a significantly larger brick-and-mortar retail business, with more than 460 stores in the Whole Foods chain.

The confidence comes from their team's hard daily training, top rankings in competitions with counterparts in the province, accumulated experience in disaster relief and skill exchanges with teams from foreign countries.

The conference will be jointly hosted by Beijing municipal government, the MIIT and China Association for Science and Technology.

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The country's PPI is expected to decline 2.9 percent year-on-year in June, narrowing from May's 3.1 percent drop, Li said. The prices of crude oil, ferrous metals, nonferrous metals and coal increased in June due to China taking the lead in work resumption and production, and industrial manufacturing is in full swing. In early June, power generation capacity was up 9.1 percent year-on-year. Infrastructure construction is rapidly driving sales of excavators and heavy trucks, which have increased more than 60 percent for two consecutive months, also giving strong support to demand for ferrous and nonferrous metals. In addition, the demand increase will be conductive to PPI restoration as developed countries restart their economies.

The country's 47 nuclear power units in operation meet all safety standards, while the quality of the 15 sites under construction is also ensured, said Guo.

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The cooperation is a move to further promote integration between Hong Kong and the Chinese mainland and make life and work easier for Hong Kong people in the Guangdong-Hong Kong-Macao Greater Bay Area.

The conference has been convened every five years since 1997 and is widely considered to set the tone for financial reforms.