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China appreciated Burkina Faso’s decision to cut its “diplomatic ties” with Taiwan, Foreign Ministry spokesman Lu Kang said.

China has continued to cut taxes to ease tax burdens on enterprises and individuals this year to boost the economy. New measures include cutting value-added tax by 1 percentage point, which came into effect in May, and raising the personal income tax threshold to 5,000 yuan from 3,500 yuan, which is set to come into force on Oct 1.

China decided not to announce a numeric growth target for this year, focusing, instead, on economic and social stability issues, such as ensuring no meltdown in employment, social welfare, and market entities. "This is a realistic choice given that the economy still faces major internal and external uncertainties," said Zhu Haibin, chief China economist with JPMorgan.

China has a four-tier color-coded weather warning system for typhoons with red representing the most severe, followed by orange, yellow and blue.

China has imposed a 25 percent tariff on in-shell hazelnuts from the US as well.