The central bank has also pledged to push forward the opening-up of the financial sector, "in a sound and orderly manner". It will advance the internationalization of the yuan and capital account convertibility, and unify the foreign exchange management policies applied in the opening-up of China's bond market.
The city's newest policy allows expats who have worked in the city for four consecutive years and have lived in China for at least six months a year to apply for residence permits providing their salaries met required levels.
The central government's liaison office in Hong Kong on Monday also slammed the US decision to sanction Hong Kong over the national security legislation, saying it is a brazen act of hegemony.
The central government is always ready to talk to anyone who "loves the country, loves Hong Kong" and genuinely supports the principle of "one country, two systems" and the Basic Law no matter what political views they hold, Xi stressed.
The challenge once intense on Thursday when the Trump administration asked US-based manufacturer 3M to stop sending medical-grade face masks to Canada and Latin America– fortunately, the company announced it reached a deal to continue sending the respirators to Canada and countries in Latin America later on. Prime Minister Justin Trudeau also told media on Saturday that Canada will be receiving a shipment of millions of masks from unnamed countries/companies in the next 48 hours.
The central government, which has offered strong backing for Hong Kong in the past 20 years, will as always support the HKSAR in growing its economy and improving people's wellbeing, Xi said.
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The central bank will continue to leverage various monetary policy tools to ensure reasonable and ample liquidity in the financial market, and provide targeted liquidity support to small and medium-sized lenders, the statement said.
The checkpoint is a key infrastructure project of the exchange and integration of the Guangdong-Hong Kong-Macao Greater Bay Area. Operating around the clock, it can handle up to 220,000 people a day and 80 million a year.
The city has banned pig farming in regions totalling more than 5,200 square kilometers, nearly one third of the city's whole area, near major drinking water sources, key infrastructures and densely populated areas.
The central and local governments have also ramped up efforts to supply the regions with muchneeded talent.