Our editors will be looking ahead today to these developing stories...
Wen shares views with British prime minister
Premier Wen Jiabao meets his British counterpart David Cameron today in the annual UK-China Summit on the last day of his three-day visit to Britain, after which the two leaders will hold a press conference at which they are expected to announce business deals across a range of sectors. But the highlight of today's activities seems to be Wen's delivering a speech at the venerable Royal Society in London.
Personal tax law set to cause lively debate
The Standing Committee of the National People's Congress - China's top legislature - resumes its bi-monthly session today, and all eyes will be on its deliberation of the controversial amendment to the Personal Income Tax Law. The public remains divided on the amendment, which proposes an increase in the threshold for income tax from 2,000 yuan (HK$2,402) per month to 3,000 yuan. Many suggest that the threshold be further increased to 5,000 yuan to achieve fairer income distribution.
Figures tipped to reflect mainland's cooling off
The mainland's industrial profits for May are expected to show that growth is continuing to slow, reflecting central government efforts to stem inflation in the world's second-largest economy.