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"China has seen developments over the past few years that are very beneficial for investors. We see potentially further positive developments ahead," she said.

"China is becoming, or already is, one of the global forces in the global economy. We are always trying to refine how we relate to outside investors, especially large investors. So I think China, Japan and India are three major targets that we're trying to talk with all the time, Hickenlooper said.

"China has improved across almost all Doing Business indicators over the last decade, but the progress has been particularly impressive during Doing Business 2018-2020, when most Doing Business indicators improved," the report said.

"China has already fulfilled its promise to cut carbon emissions by 40 percent to 45 percent compared to the level of 2005, three years earlier than planned," said Ma Aimin, deputy director of the National Center for Climate Change Strategy and International Cooperation under the Ministry of Ecology and Environment.

"China has been one of the big funders of mining globally, including in Canada," he said. "If you look around the world, in the past few years, the real two big funders were China and private equity, while the traditional financiers' commercial banks were out of the market, so China was seen as a big source of alternative finance."