The latest data that released by HSBC Group showed the PMI continue to rebound in September whereby the preview value increased to 51.2%, higher than the expected rate and hit the record high in 6 months. This indicates that China's economy is growing steadily and recovering. Anbound research team is optimistic towards China's GDP growth this year. However, China's economy is presumed to slowdown in the mid to long term, thus there is a need to strengthen the effort in transformation and upgrading in order to enhance economic efficiency.