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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.

China's wearables market saw 45.2 percent growth in the third quarter from a year earlier, registering 27.15 million shipments, according to the third quarter report on China's wearable device market from the global market research firm International Data Corporation (IDC) on Tuesday.

China, the world's largest producer of rare earths, saw a 16 percent monthly drop in those exports in May amid an increased focus on domestic resources conservation and high-quality development of commodities, officials and experts said.

China's top envoy in Brazil said his country was willing to work with Brazil to promote the continued development of their comprehensive strategic partnership based on mutual respect, equality and benefit.

China's top tech companies are extending into the automotive industry, fighting for control of in-vehicle system and onboard entertainment as smart and connected vehicles are becoming a daily reality.