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He noted that the disciplinary inspection and supervisory agencies must closely follow the CPC Central Committee regarding their thinking, political orientation, and actions.

The government's relentless efforts in recent years to streamline administration, enhance compliance oversight and provide better services have brought notable improvement in China's business climate. The World Bank's recent report of Doing Business 2019 ranked China number 46, up by 32 spots from 2017.

MANILA, Nov. 21 (Xinhua) -- Visiting President Xi Jinping has called on legislative bodies from China and the Philippines to further exchange experience in state governance and push forward multilevel, multiform cooperation for the development of the two nations' bilateral ties.

Xi stressed that the Belt and Road Initiative, which originates from China and belongs to the world, is aimed at building a new platform for win-win cooperation for the international community.

However, some private companies have recently encountered difficulties and problems in their development in terms of market, financing and transformation.