World Bank’s flagship report ‘Doing Business 2020’ ranks China among the top 10 performers in implementation of reforms across eight areas during the past year. It serves as a vote of confidence in China’s opening up, reforms and economic prospects, which should boost the Chinese market confidence.
With the development of the industrial chain from railway transportation, from port economy to industrial parks, the SGR will boost the country’s GDP by an estimated 1.5%.
As the internet turns more and more into a place governed by algorithms, which work to boost engagement without differentiating between healthy and unhealthy practices, there is a growing need for communal efforts to make it safe.
Previously, at the 2009 Copenhagen Summit, China had pledged to reduce its carbon intensity by 40-45% from 2005 levels and expand the share of non-fossil fuel in the energy supply to 15% by 2020.
This initiative of Ant Forest is also in line with the Chinese government’s strategy of transforming the nation into a “Green Economy”. To accomplish this objective, the country is taking aggressive action in expanding its green coverage.
To observe it from the eyes of entrepreneurs, “China speed” is increasingly relevant to how fast the country betters its business environment and opens up its market to foreign businesses.