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As the Party's 19th National Congress is set to open on Wednesday, the world is watching closely on how China moves toward its two centenary goals. The congress comes when China's endeavor to build a moderately prosperous society in all aspects has entered the decisive stage.

As the new threshold of personal income tax, raised from 3,500 to 5,000 yuan per month, is set to take effect on Oct 1, the State Council said on Thursday it will also hurry to set a clear scope and standards for six special expense deductions to ensure the threshold is significantly higher than 5,000 yuan, according to a report by China Business News.

As the West leans toward protectionism and anti-globalization, how the Asia-Pacific region deals with the new circumstances is key to the future of globalization, the researcher noted.

As the workshop of the world, China is not a newcomer to the consumer electronics industry's largest show, but the country's manufacturers are becoming more innovative.

As the industrial internet is integrated with the real economy in some areas including manufacturing, energy, transportation, construction and agriculture, it sparks a new kind of kinetic energy in the real economy, and speeds up the digital transformation in all industries, said the China Academy of Industrial Internet.