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We also need to further streamline administration, delegate power, strengthen regulation and improve services. We need to transform government functions more rapidly, improve efficiency, and ensure a level-playing field for all players and a pro-innovation institutional environment. We need to give priority to "simplicity" by taking away undue government powers and delegating them directly to the market and society wherever possible. At the same time, we need to strengthen and innovate in market oversight, explore inclusive and effective prudential regulation, and guide and support the healthy development of new business forms and models. For those players that follow the right direction but have encountered problems, we need to give them prompt guidance, fix the problems and remove potential risks. We need to give them reasonable space for development instead of rejecting them outright. As for those conducting illegal operations or fraud in the name of innovation, we will punish them to the full extent of the law. We need to strictly protect intellectual property rights. We also need to promote the "Internet plus government services" model, and set up an open platform of government public services, so that government data could be shared as much as possible. This will make it easier for individuals and companies to get things done and start up businesses, and it will enhance government efficiency.
Pritchin believed the Belt and Road Initiative and the investment in specific projects have made it possible for countries in the region to tap their potentials by giving them opportunities to display their products in world market and expanding their circle of economic partners.

Although Manila asserted that its submissions do not concern territorial sovereignty or maritime delimitation, the Philippine Foreign Ministry, a day after launching the arbitration, described the purpose of the case as to "protect our country's territory and oceanic area."
The 2,500-word letter, drafted by a group of young Chinese scholars who currently study international law in the Netherlands, slams the controversial case unilaterally initiated by the Philippines for its lack of legality, noting that the arbitral decision violated the United Nations Convention on the Law of the Sea (UNCLOS).
Meanwhile, cooperations at sub-regional level, like the Lancang-Mekong Cooperation Framework, should play a larger role in the future, as they could effectively support the overall cooperation between China and ASEAN, Xu added.
来源:资阳报