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As Spring Festival nears, many ambassadors to China have extended their new year greetings to the Chinese public and shared their vision for the future development of their countries' ties with the world's second-largest economy.

As a major source of cultivating new growth drivers, SMEs have played an important role in promoting economic growth, increasing jobs and stimulating innovation, says the white paper released by authorities including the People's Bank of China and the China Banking and Insurance Regulatory Commission.

As Shenzhen charts its course as a demonstration pilot zone for socialism with Chinese characteristics, Hong Kong is well positioned to join forces with its Guangdong province neighbor to gain momentum from the groundbreaking policy, Hao added.

As heavy snow continues to hit central and eastern China and the cold front continues to bring down temperatures in the region, the country's national observatory maintained a yellow snowstorm alert and a blue cold alert for Thursday. In the country's four-tier weather warning system, red is the most severe, followed by orange, yellow and blue.

As for "trading across borders," China launched advance cargo declaration, upgrading port infrastructure, optimized customs administration, and rolled out fee schedules.