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Apple slashed prices of its entire lineup. Taking the iPhone as an example, the minimum price for the iPhone X was cut to 8,316 yuan from 8,388 yuan, the iPhone 8 Plus was reduced from 6,688 yuan to 6,630 yuan, while the iPhone 8 was lowered to 5,837 yuan from 5,888 yuan. Its wearable device AirPods were reduced to 1,276 yuan from 1,288 yuan.

April Rinne, independent adviser to the National Committee on the Sharing Economy, said in a recent interview with the Asia Society Policy Institute that more people will be using sharing platforms, "and we will also witness multiple rounds of ebbs and flows, or boom and bust, amid hot competition".

Around half the country’s 832 poverty-stricken counties will no longer be listed as underdeveloped by then, according to Liu Yongfu, director of the State Council Leading Group Office of Poverty Alleviation and Development.

Apple, Actavis and Amazon were the most frequently sued, with Apple facing 25 patent suits in the first half of the year. Actavis and Amazon each faced 21 suits. The report notes that Samsung would be number two on the list if suits against all of its affiliates were combined.

As China's major channel towards realizing the notion of building a community with a shared future for mankind, the Belt and Road Initiative, proposed by Xi in 2013, has offered the world a new vision to promote common prosperity. To date, more than 140 countries have participated in or responded to the initiative.