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China's business environment showed one of the strongest improvements worldwide in the 12 months ending May 1 thanks to its robust reform agenda, according to the World Bank Group's Doing Business 2020 study issued in late October.

China would like to work with ASEAN countries, including Indonesia, to promote ties and regional peace, stability and development, he said.

China witnessed a number of severe election scandals in the past few years. In all, 523 deputies to the Liaoning Provincial People's Congress, among the total 616 deputies who participated in the provincial election in January 2013, were found to have taken bribes.

China's Aier Eye Hospital plans to purchase the largest listed-eye clinic group in Europe, making it the world's largest ophthalmic medical group.

China will open up bank card clearing, remove restrictions on the operational scope of insurance agencies, and ease or cancel limits on foreign holdings in companies in banking, securities, funds, futures, and financial asset management.