The city's development and reform commission said the industry has become of one of the city's industrial priorities, due to its capital, technology-intensive features and huge market potentials.
The center's officials said they had given out more than 110,000 work permits, valid for one year, as of the end of 2018. Holders of the permit can be employed only within Ruili.
The ceremony attracted thousands of members of the public to the square in front of the Potala Palace early in the morning. People waved national flags and bundles of flowers.
The center will work with a high-tech firm in Beijing to provide the VR technology for the experience, according to Chen Cheng, information officer at the center.
The central bank plans to keep monetary policy prudent and neutral, maintain a stable, reasonable level of liquidity this year, and oversee moderate growth of financial credit and social financing.
The city is lined with a grid of straight, wide streets and avenues. Its emerald-green parks, gardens and fountains infused with crystal strands are spectacular.
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The central government will allocate 228 million yuan to the project, and the Civil Aviation Development Fund will invest 380 million yuan. The regional government will contribute the remaining 152 million yuan, according to the statement.
The central government set a target for the capital in 2013 to reduce its average PM2.5 concentration to 60 mcg/cu m by the end of this year.
The change under way in Shenzhen points to the opposite growth trends facing the two industries nationwide. Experts say Huaqiang North is on the right track in its new pursuit of prosperity, but its reputation for shanzhai - counterfeit consumer goods - has overshadowed its development.
The center of Nate was expected to move across the Gulf of Mexico on Saturday and make landfall later in the day, the center said.