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Chinese Foreign Minister Wang Yi (2nd R) meets with US Secretary of State Rex Tillerson (2nd L) at the UN headquarters in New York, April 28, 2017. [Photo/Xinhua]
China's top financial regulator plans to launch a new round of legislative amendments to further promote the insurance market, the Economic Information Daily reported on Tuesday.
China-EU economic and trade cooperation is not a simple relationship of buying or selling, but a partnership of multiple dimensions, investment being an important pillar of such cooperation. China welcomes investment by European companies and encourages its own companies to do business in Europe leading to two-way opening-up on an equal footing that delivers benefits to both sides.
China-US economic cooperation has helped to reduce trade barriers and create a more predictable investment environment that has fueled global growth over the past 40 years, Gutierrez said, adding that it is critical for the two countries to find a way to stabilize their relationship to reduce uncertainty, which is damaging to cross-border investments and the global economy.
China's plans to bolster its business environment for both foreign and private investors have also been recognized by the World Bank. In its survey report which was published earlier in November, China was ranked 46th, up from 78th last year, in terms of the ease of doing business. The bank also hailed Shanghai's progress in improving the efficiency of the business environment.