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The global ranking of China's business environment raised to 46th

November 01 2018

The World Bank released the "2019 Business Environment Report", which raised the global ranking of China's business environment to 46th, a significant increase of 32. According to the "The Office of the Spokesperson of the Ministry of Foreign Affairs", Lu said that the World Bank's evaluation is fair and objective. China welcomes more foreign companies to come to China to develop and share development opportunities.

Lu said that the World Bank has determined in the report that the number of reforms implemented by the Chinese government in the past year to improve the business environment for SMEs has reached a record. World Bank officials said that China is making great progress in optimizing the business environment, reflecting the Chinese government's high regard for  private enterprises and fostering innovation.

This year marks the 40th anniversary of China's reform and opening up. China will continue to push forward a new round of reform and opening up, and constantly improve the investment environment, making China to become a preferred place for foreign investment. China welcomes more foreign companies to come to China to develop and share opportunities for China's development.