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The government will provide grants and subsidies for young people from Hong Kong and Macao who start businesses in Guangdong, and will also select and fund a batch of promising startup projects, he added.

BEIJING, May 2 (Xinhua) -- China expects to further optimize the investment and operation environment for foreign investors in its financial sector with new measures to open the field wider, according to the country's top banking and insurance regulator.

The meeting was also attended by other Party and state leaders, including Li Keqiang, Wang Yang, Wang Huning, and Han Zheng. The National Development and Reform Commission (NDRC), the National Bureau of Statistics, the Ministry of Ecology and Environment, the State Council Leading Group Office of Poverty Alleviation and Development and other related organizations briefed the meeting attendees about their work on improving weak links in building a moderately prosperous society in all respects.

The bay area consists of the Hong Kong Special Administrative Region, the Macao Special Administrative Region, as well as nine cities in Guangdong Province -- Guangzhou, Shenzhen, Zhuhai, Foshan, Huizhou, Dongguan, Zhongshan, Jiangmen and Zhaoqing.

In the 1980s, due to a lack of talents and poor education foundation in southwest China's Tibet Autonomous Region, the government decided to open classes for Tibetan children. In 1985, the first batch of Tibetan pupils went inland to study. Since then, an increasing number of Tibetan children came to pursue study in more developed areas in China.