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China's central and local governments are engines driving its economic development, by providing macro-level guidance, ensuring stability for a super-large country, and attracting investment and creating jobs and income via such resources as taxes, land and policies, said Zhang Weiwei, head of China Institute, Fudan University.

China's FTZs, which expanded from the first in Shanghai to 11 across the country, are a way of testing new policies, including interest rate liberalization and fewer investment restrictions, to better integrate the economy with international practices.

China will see the biggest boost in ad dollars with 5 million spending on advertising in this year's World Cup, which will be held in 11 cities in Russia from June 14 to July 15, Yicai.com's app reported on Sunday.

China's Foreign Ministry said on Thursday that the trespassing of a US missile destroyer in China's territorial waters violated Chinese and international law, severely harmed Chinese sovereignty and security and seriously endangered the lives of soldiers at the front line.

China will have a continued high demand of single-aisle airplanes and need 6,450 single-aisle aircraft by 2039. Also, 1,590 wide-body aircraft are expected to be delivered to Chinese carriers in the next 20 years. With slower recovery of long-haul international routes, the demand for wide-body planes is 4 percent down from last year's forecast, Boeing said.