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China's ranking in the World Bank Group's Doing Business 2020 study climbed to 31st place in terms of ease of doing business, up from 46th a year earlier and 78th in 2017, the bank said.
China's successful reform and opening-up serves as a reference to Vietnam, said Binh, also head of the CPVCC's Commission for Economic Affairs. He expressed willingness to expand his country's cooperation with China in various areas.
China's top hotpot chain Haidilao International Holding Ltd filed its prospectus for an initial public offering on the Hong Kong Stock Exchange on Thursday, hiring China Merchants Bank International and Goldman Sachs as its joint sponsors, according to a report by Shanghai Securities News.
China's technology giants Ma Yun, founder of Alibaba Group, and Ma Huateng, CEO of Tencent, have tied for the position as China's richest man two months after the COVID-19 outbreak, Hurun research institute reported on Monday.
Chinese GDP would expand 10 percent in 2021, higher than the current market consensus of 7.9 percent, thanks to tailwind from fiscal stimulus, rebound in consumption and services, accelerating income growth and flattering base effects, said the note.
