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China's plans to bolster its business environment for both foreign and private investors have also been recognized by the World Bank. In its survey report which was published earlier in November, China was ranked 46th, up from 78th last year, in terms of the ease of doing business. The bank also hailed Shanghai's progress in improving the efficiency of the business environment.
China-US trade talks will continue to have a significant impact on both bilateral and global trade, and good economic and trade relations between the two world's two largest economies are vital for continued economic growth and recovery, Nie Wen, a macroeconomy analyst at HwaBao Trust, said in a research note.
China's state-owned foodstuff conglomerate COFCO Corp. is responsible for quality control, import and distribution to the Chinese market.
China, he said, expects to work with ASEAN countries on the basis of friendly negotiations to fully and effectively implement the Declaration on the Conduct of Parties in the South China Sea (DOC) and to push for consultations on the COC.
Chinese President Xi Jinping's special envoy Liu Yandong (L) meets with South Korean President Moon Jae-in in Seoul, South Korea, on Feb 26, 2018. (Xinhua/Ju Huanzong)
来源：资阳报