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An old friend of China is in awe as the country approaches its long-held goal of eradicating extreme povertyEditor's note: As China aims to eliminate extreme poverty and be a "moderately prosperous society" (xiaokang shehui) in time for the 100th anniversary of the founding of the Communist Party of China next year, we talk to experts for their take on the country's commitment.

Analysts said as the country's largest oil and gas company, CNPC has been stepping up its equivalent overseas equity production of oil and gas in recent years to meet the surging demand for oil and gas.

Anheuser-Busch InBev, the world's largest brewer by production volume, plans to expand plant capacities in China next year to drive growth.

And the central government is to formulate and issue a strategic plan for promoting digital economy, according to the State Council executive meeting held on July 12.

Analysts have highlighted the need for private and foreign capital to boost investment as local governments, facing a funding gap of trillions of yuan, look for ways to spur big construction projects.