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China has become the fastest growing country in the internet of things (IoT). According to the IDC (Internet Data Center), global IoT spending will reach .2 trillion by 2022. China's IoT spending at 0 billion will account for a quarter of that as China emerges as the world's largest IoT market.

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 has been supporting its medium-high speed of economic growth with a comparatively lower energy consumption growth, it said.

China has established 19 intellectual property protection centers nationwide, said Shen Changyu, head of the SIPO, at a press conference of the State Council Information Office.

China fully understands that as a developing island country, Tonga faces special challenges in economic and social development, Xi said, adding that China would like to offer a hand for Tonga's development.