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China's political party system, a key component of the path, will be further strengthened by the meeting, Yuan Tinghua, former deputy head of the Central Institute of Socialism, said in People's Daily.

Chinese GDP would expand 10 percent in 2021, higher than the current market consensus of 7.9 percent, thanks to tailwind from fiscal stimulus, rebound in consumption and services, accelerating income growth and flattering base effects, said the note.

China's package orders totaled 63.52 billion last year, up 25.3 percent from 2018. It marked the sixth consecutive year that the country has topped the world in the amount of such orders, according to a report issued by the State Post Bureau in October.

China's technological innovation not only improves the daily life of local people', but is also changing their traditional ways of thinking.

China's real estate tycoon Wang Jianlin from Dalian Wanda Group and his son Wang Sicong topped the 2017 New Fortune 500 rich list, with a personal wealth of 179.4 billion yuan (.99 billion), according to the latest annual wealth ranking released Tuesday by New Fortune magazine.