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China's ranking in the World Bank Group's Doing Business 2020 study climbed to 31st place in terms of ease of doing business, up from 46th a year earlier and 78th in 2017, the bank said.
China's stock markets, among the largest in the world in terms of capitalization, are now "impossible to be ignored by index providers" after the country's fruitful work in opening up its financial markets, said Hussein Sayed, chief market strategist at FXTM, an international foreign exchange platform.
China's sharing economy is likely to sustain 40 percent annual growth momentum in the coming years, according to a February report by the State Information Center and the Internet Society of China.
China's urbanization rate reached 60 percent as of the end of last year, with more than 830 million people now living in cities. As people move into cities, around 20 percent of the old houses in rural areas are left vacant, Xiao said, referring to an assessment of villages in Guizhou.
China, the world's second-largest economy in real GDP terms, has slowly been catching up on the United States. Economists say China's quick rebound from COVID-19 will accelerate that process, the article said.
来源：资阳报