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China's economy is expected to grow at 6.1 percent this year, 0.1 percentage point lower than the July prediction, while the US economy will grow 2.4 percent in 2019, down by 0.2 percentage points compared with the IMF's July forecast.

China's fast-developing express industry is playing its role in supporting the country to fight the epidemic, capitalizing on its speed, delivery quality and expanding network.

China's innovation ability has strengthened in recent years, whose rank in Global Innovation Index climbed to the world's 14th this year from 17th in 2018, according to the World Intellectual Property Organization.

China's goal to reduce about 2 trillion yuan in tax and fee income in 2019 has been labeled by observers as the central government's most aggressive reduction plan ever. It also is a primary reason that the government has reduced projections for income growth. Taxes usually account for more than 80 percent of government revenue.

China's economy grew at an average annual rate of 9.8 percent between 1979 and 2012, dwarfing the global growth of 2.8 percent in the same period.