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Wang said the visit of more than 1,000 Australian business leaders to China has reflected that bilateral trade relations have reached new heights.
According to him, some power delegation measures were not fully implemented. Unfair law enforcement, arbitrary inspections and inadequate supervision revealed loopholes in market regulation.
"The China-Myanmar relations are now at a new historical starting point," he said.
BEIJING, May 11 (Xinhua) -- Worldwide taxation cooperation should be boosted to accelerate development of the global economy, Chinese Vice Premier Zhang Gaoli said on Wednesday.
Experts have described it as the most significant tax and fiscal reform in decades as it further improves the country's tax structure and will sustain economic growth in the long run.