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"There is a direct linkage between the state of a business environment and efforts of the government," Li said. "It is important that the government work out a law-based list of items subject to government approval. Issuance of a business license and that of administrative permits must be decoupled."
More areas will be open to foreign investment. The withholding tax deferral policy for reinvestment by foreign investors in China will be expanded from the designated encouraged projects to any areas and projects that are not prohibited.

"We advocate that countries should enhance exchanges, cooperation, understanding and mutual trust, and avoid suspicion, prejudice and misunderstanding in international affairs," he said.
BEIJING, Oct. 16 (Xinhua) -- Chinese President Xi Jinping on Tuesday reiterated China's commitment to free trade and economic globalization while meeting with Stephen Perry, chairman of Britain's 48 Group Club in Beijing.
The exhibition, launched on the first day of the 39th session of the UN Human Rights Council, was jointly sponsored by the Chinese Mission to the UN at Geneva and China's State Council Information Office.
来源:资阳报