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China's central bank has issued a plan to promote financial reforms in some key regions, to support Shanghai's development into an international financial center and foster the opening up strategy, according to senior officials.

China's biggest memory-foam manufacturer Mlily and rival mattress maker King Koil China are set to go head-to-head in the auction for one of the United Kingdom's biggest bed retailers, Dreams, with bids expected in the range of 400 million pounds (7 million), according to media reports.

China's Latin American purchases were the most dynamic in 2017, and centered on basic products that are seeing higher prices compared to previous years, according to economist Paolo Giordano, an IDB expert in trade and integration.

China will increase its deficit by 1 trillion yuan this year and issue 1 trillion yuan of government bonds for COVID-19 control, as part of efforts to provide relief to businesses and unleash market vitality, Li said in a video conference in the northern port city of Qingdao.

China's 18 pilot FTZs attracted 60.25 billion yuan (.6 billion) of foreign direct investment, accounting for 17 percent of the country's total in the first five months of this year, with less than four-thousandths of the nation's land area, according to the ministry data.