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China has made significant progress in many areas, notably interest rate liberalization, internationalization of the renminbi, and urbanization, said the report.
With the economy on fire and a long tradition of entrepreneurship, local magnates are taking the fight around the globe. Automaker Geely became a global name in 2010 when it bought the ailing Swedish brand Volvo from Ford for 1.8 billion dollars. Today China's listed companies are targeting acquisitions in automobiles, electronics, chemicals and bio-medicine in Europe and North America. From 2012 to 2014, Chinese enterprises made 29 such acquisitions, 10 of which originated in Zhejiang.

Xi encouraged AECC employees to be bold in innovating to make the country an aviation power.
Munkhtuul Banzragch, editor of Montsame, said that Mongolian and Chinese journalists have been sharing their experience and views at the forum and that the media organizations have strengthened their cooperation as the cooperation between their countries expanded enormously over the past decade.
"Adequate financing for small and micro businesses is a common challenge globally," Li said. "All government departments concerned should take concrete measures to support a healthy development of small and micro businesses. This is, in turn, an effective way to protect the finance sector from such risks."
来源:资阳报