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"The two sides should step up moves to bring China-Canada pragmatic cooperation to a new level," Wang said.

The evaluation will be carried out across the country in due course. Local authorities and departments will be encouraged to come up with more solid measures for bettering the business climate. The aim is to deliver tangible benefits to enterprises and maintain China's status as a popular destination for investment from home and abroad.

Xi also called on the entrepreneurs to treasure their social images, raise corporate competitiveness in lawful operations, raise operational and management capabilities and broaden their international outlook to become competitive in the global arena.

In his meeting with Prime Minister Henry Puna of the Cook Islands, Xi said China and the Cook Islands have upheld sincere friendship, mutual respect and equal treatment since they established diplomatic relations 21 years ago, and have achieved mutually beneficial and win-win results.

The numbers of private economic entities boomed during the past decades as the government kept improving business environment, including loosening restrictions on business registration.