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China's per capita disposable income grew 6.5 percent year on year to 15,294 yuan (about ,221) in the first half of 2019, among which property income accounted for 8.6 percent, according to data from the National Bureau of Statistics.

China's tightly woven social security network－especially the social aid programs－is the last line of defense to ensure that the poverty alleviation goals will be met by the end of this year, said Li Xiaoyun, a China Agricultural University professor specialized in rural development and poverty alleviation.

China's private equity investments hit a new high last year of 1.8 billion, up 22 percent year-on-year.

China's trade in services reached a record high of 2.98 trillion yuan (6 billion) between January and July, which was bolstered by the nation's economic resilience and increasing efforts to drive the service sector.

Chinese President Xi Jinping (C), also general secretary of the Communist Party of China Central Committee and chairman of the Central Military Commission, and other senior leaders Li Keqiang (third left), Zhang Dejiang (third right), Yu Zhengsheng (second left), Liu Yunshan (second right), Wang Qishan (left) and Zhang Gaoli (right) attend a reception hosted by the Ministry of National Defense to celebrate the 90th founding anniversary of the People's Liberation Army (PLA), in Beijing, capital of China, July 31, 2017. [Photo/Xinhua]