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The center will be supported by BBD UK, one of the first Chinese fintech companies to set up in Britain. It has a front office in London and a research and development center in Cambridge. BBD opened a startup accelerator in London in June, with the aim of helping British and Chinese fintech companies access each other's markets.

The central bank will use multiple monetary policy tools to maintain stable liquidity and guide proper growth of credit and financing, according to a statement released by the People's Bank of China (PBOC) following its quarterly meeting.

The city and the state have been big supporters of the EB-5 visa program, which grants a green card to a foreign investor that invests at least 0,000 to million in a project that creates at least 10 jobs for American workers.

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The city has paid great attention in recent years to protection of the local environment and the development of the green economy, especially in areas along the Jinsha River, he said.

The central bank governor had an optimistic outlook for full-year GDP growth and said the economic recovery will sustain in the second half and reverse the 1.6-percent contraction seen in June. He said that the world's second-largest economy has immense potential and enough resilience to weather the COVID-19 shocks.

The center is located at the intersection of Weiyi Road and Jingxv Road in Lanzhou New Area, with a total construction area of 18,432 square meters. It has six trading bells and 128 trading seats, and it can undertake 2.5 million branches of flower trading every day.

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The city's total confirmed cases rose to 7,377, with 114 related deaths. There were more than 60 people who tested preliminarily positive on Friday.

The center will have archaeologists, designers and craftspersons working together to make targeted plans for the restoration of the Jiankou section of the Great Wall, which is located in the northern Huairou District of Beijing, according to Beijing Daily.

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The city's business, education and labor sectors also approved of the legislation.

The central government launched an outline development plan for the Greater Bay Area in February last year. The blueprint lays out the vision for coordinated development of the 11-city cluster, which covers nine cities in southern Guangdong province, and the Hong Kong and Macao special administrative regions.