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China started implementing a new standard for individual income tax from October. The threshold for personal income tax exemption was raised from 3,500 yuan to 5,000 yuan per month or 60,000 yuan per year.

China on Monday issued the Outline Development Plan for the Guangdong-Hong Kong-Macao Greater Bay Area.

China stands ready to strengthen comprehensive cooperation with the African countries to build a road of high-quality development that is suited to national conditions, inclusive, and beneficial to all, Xi said in his keynote speech themed "walk together towards prosperity" at the meeting, also the Sixth Conference of Chinese and African Entrepreneurs.

China officially kicked off the commercialization of 5G services this year. So far, 5G base stations numbering 126,000 have been established across the country, the ministry said at a meeting in Beijing.

China regards other developing countries as trustworthy partners in its peaceful development. In its relations with other developing countries, China will continue to follow the approach of upholding justice while pursuing shared interests and the principles of sincerity, real results, affinity and good faith. China will work to upgrade cooperation with them and cement our good relations featuring solidarity, mutual trust, common development and affinity.