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China's regulatory reforms have been recognized by the World Bank Group's Doing Business study. During the 13th Five-Year Plan (2016-20) period, the country climbed to 31st globally in terms of the ease of doing business for the 2020 study, versus 90th for 2015.
China's stock markets dipped on Monday, with combined turnover hitting 206.78 billion yuan (.1 billion), a new low since two and a half years ago.
China's western region boasts rich natural resources but remains relatively underdeveloped compared to other parts of the country.
China, with a huge population, multiple megacities and dozens of metropolitan areas, provides opportunities to develop for all kinds of projects, even those for very niche markets, Jiang said. Projects for niche markets, such as those only serving 1 percent or even 0.1 percent of the population, can realize mass production here in China.
China's supply chain that is closely linked with other countries, including the US and many US allies in Asia and Europe, has complicated the situation for possible US actions. Most economists believe that China would win if a trade war breaks out between the world's two largest economies, although they admit that there is no real winner in a trade war.
来源：资阳报