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According to the World Bank, China has risen six places over the year to 84th in terms of the convenience of conducting business out of 189 economies. Up until now, more than 95 percent of foreign invested projects, and more than 98 percent of overseas invested projects, are regulated online.

Chinese Vice Premier Liu Yandong, who arrived in Israel on Monday evening for a two-day visit, said that China-Israel relations have made a significant progress since the two countries established diplomatic ties over two decades ago.

BEIJING, April 11 (Xinhua) -- China and Israel on Monday agreed to more exchanges and cooperation between their parliaments as top Chinese legislator Zhang Dejiang met Israeli Parliament Speaker Yuli Edelstein in Beijing.

"Currently, China is pushing ahead with mass innovation and entrepreneurship under an innovation-fueled growth strategy, which is expected to unleash the great creativity of ordinary people," said Li.

Wickremesinghe will be leaving for a state visit to China on April 6 and this is his first visit to China as the prime minister of Sri Lanka, since the government of President Maithripala Sirisena was formed in January last year.