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China's business environment is also improving. In 2019, China saw its ease of doing business ranking ascend to 31 from 46 a year ago as one of the top 10 most improved economies, according to a World Bank report.
China's Legislation Law stipulates that a draft law usually goes through three reviews before being adopted, and those that play pivotal roles in major sectors should be submitted to the annual full meeting of the NPC for review.
China's State-owned enterprises' (SOE) operating revenues increased 3.9 percent year-on-year during 2019's first two months, with profits up 15.3 percent compared with the same period last year, the country's top SOE regulator said on Saturday.
China will see softened growth in the coming quarters due to tighter credit conditions and the deceleration of property and infrastructure investment, but growth quality will improve due to robust consumption and exports, economists said on Wednesday.
China will focus on promoting high-quality development during its 14th Five-Year Plan (2021-25) period, according to a communique released after the fifth plenary session of the 19th Central Committee of the Communist Party of China in late October.
来源：资阳报