The service industry in China, including tourism, wholesale and retail, continues to capture foreign direct investment (FDI) like magnet this year, a scenario totally different from the manufacturing industry.

China's new personal income tax rule which came into effect on September 1 has alleviated the tax burden of many workers and individual business operators.

The Ministry of Commerce (MOC) of China forecasts a full-year import and export trade value of US$3.6-3.7 trillion this year, but the trade surplus will continue to shrink with China's increased import.