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Private businesses have been steadily expanding in China. From January to September, some 4.694 million new private firms registered with the market regulation authorities. That means each day, China sees the springing up of more than 17,200 private firms.
"China will adhere to the path of multilateralism, and open the door wider to the world," Xi said.
According to reports, the Trump administration announced last Friday that it would re-impose sanctions on Iran that had been lifted under the historic 2015 Iran nuke deal, also known as Joint Comprehensive Plan of Action (JCPOA). The sanctions, the second batch of its kind, would take effect on Monday.
Regarding WTO reform, Geng said it should be prohibited to pursue protectionism in the name of reform.
SINGAPORE, Nov. 12 (Xinhua) -- China and Singapore agreed on Monday to upgrade their free trade agreement (FTA) and make more joint efforts to facilitate connectivity.
来源：资阳报