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China has demonstrated considerable success in tackling and eliminating risks amid ongoing efforts to curb financial risks, analysts said.
China delivered more than half the global growth in luxury spending from 2012 to 2018 and is expected to deliver 65 percent of the world's additional spending by 2025, according to the 2019 McKinsey China Luxury Report.
China has improved its legislative process, including procedures such as discussions, hearings, and soliciting public opinion on draft laws, so that the laws reflect the people's will. By October 2017 the 12th NPC Standing Committee had solicited public opinion on draft laws on 74 occasions. For the draft General Provisions of Civil Law alone, the Standing Committee held three deliberation sessions, sought public opinion on three occasions and organized several dozen expert meetings, and received 70,227 suggestions from 15,422 people. When deliberating on the second reading draft of Amendment (IX) to the Criminal Law, the Committee received more than 110,000 suggestions from the public.
China has been Vietnam's largest trading partner over the past 14 years and the two-way trade volume accounted for 20 percent of Vietnam's global trade volume, he said, and China's investment to Vietnam also increased rapidly in recent years, with last year's investment reaching billion.
China has been working with the international community in the spirit of "openness, transparency and scientific coordination."
来源：资阳报