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Chinese and Indian leaders' decisions to form a "strategic partnership" in 2005 opened the window for the two countries to build a long-term partnership for peace and prosperity.

Chinese people's incomes have increased exponentially over the past 40 years, but the income growth of the low-and lower-middle-income groups mostly relies on earnings related to job opportunities during industrialization and urbanization.

Chinese companies are eyeing great potential in boosting imports through the event.

Chinese citizens can enter the country normally at the ports open to the outside world by presenting valid exit and entry documents, said the administration on Monday.

Chinese banks should make strategic moves for transformation to increase their economic value, said McKinsey & Company in a report Wednesday.