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China's transition over the next 10 years will not be painless for its companies or for foreign competitors. But, reform and opening-up policies that create more competitive companies and markets are the only way to achieve a richer and more productive world economy in the long term.
Chinese State Councilor and Foreign Minister Wang Yi addresses the Nelson Mandela Peace Summit on Monday at the United Nations. Liao pan / China News service

China's reform and opening-up drive, along with other efforts to promote entrepreneurship and innovation, is motivating many people, including foreigners, to start businesses in the country.
China's pivotal role in global supply chains has proven durable, according to the report named Navigator: Growing with China, which was released on Thursday. Among the 1,100 polled companies from 11 key markets, about 75 percent expect sales in or exports to China to grow in the next two years.
China's technological strength provides the partnership with added confidence, he said.
来源:资阳报