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Chinese State Councilor and Foreign Minister Wang Yi met with Federica Mogherini, the high representative of the European Union for Foreign Affairs and Security Policy, on the sidelines of the UN General Assembly in New York.

Chinese Deputy Consul General to San Francisco Ren Faqiang said that mutual benefit and win-win cooperation are the basic characteristics of China-US relations.

China's personal income tax threshold will increase from 3,500 yuan (0) to 5,000 yuan starting Oct 1, while the revised Individual Income Tax Law will go into effect on Jan 1, 2019, according to a notice released by the Ministry of Finance and the State Administration of Taxation earlier in September.

Chinese Premier Li Keqiang made the remarks while holding talks with Dutch Prime Minister Mark Rutte in Beijing.

Chinas' Sinochem Group Co, which has interests in chemicals and other agriculture-related services, has conducted field trials of hybrid wheat varieties and realized on average 24.4 percent increase in crop yields, according to company officials. It is also playing an important role in boosting trade ties under the country's innovative Belt and Road Initiative.