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"With continued reform of government functions, our business environment has visibly improved in recent years, and its global ranking has continuously moved up," Li said, "As many as 18,000 new market entities are now registered on an average day, up from several thousand a few years back. This would not be possible without an enabling business climate. "

Experts say the corridor will help China to further open up to the world while opening a shortcut for Southeast Asian countries to enter the Chinese market.

Seven of the top ten buyers were countries and regions along the Belt and Road.

According to Le, China's approach to human rights development with Chinese characteristics and its point of view such as "no security, no human rights,""development is a primary human right,""poverty reduction helps human rights promotion" and "cooperation for human rights," have aroused strong resonance and wide recognition during the review.

Prohibited imports, endangered animals, plants and their byproducts, as well as autos and 20 other named products will not be able to take advantage of the favorable tax policies, the ministry said.