New reforms to boost investment in China


Two Afghan businessmen who run a trade company in Yiwu, Zhejiang province, looking for goods to be purchased at the Yiwu International Trade City in July 2019. - Xinhua

BEIJING (China Daily/ANN): The task of deepening the integration of China into the global economy is posing a series of challenges to the Chinese authorities as it requires improvements to the local standards of doing business, additional measures beyond the opening-up policy, and enhanced legislations, experts said.

China ranked 31st in the World Bank's Doing Business 2020 report, and among the top 10 fastest-reforming countries around the world for two years in a row.

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