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Registering a new business in China now takes only two to three working days, compared to a previous process of several months involving stacks of printed documents to be submitted to half a dozen departments.

A meeting was held on Friday by the leading Party group of the National Committee of the Chinese People's Political Consultative Conference (CPPCC).

Bilateral exchanges should serve to facilitate the relevant discussions within the Group.

On the other side, Canada's decision to apply for membership at the Asian Infrastructure Investment Bank was applauded as one of the major achievements of Trudeau's visit to China. The membership in the China-initiated bank, as it was believed by Canadian politicians and researchers, would not only promote the economic development of the maple country, but also helps them explore business opportunities in the entire Asia.

Nadia Hilmi, a professor of political science at Cairo University and an expert on China, said the meeting, which carefully studies disciplines and rules for intra-party political life and other issues, marks a qualitative leap in the governance of the CPC and the Chinese government and has shown the foresight and political wisdom of Chinese leaders.