Rule of law promises fair, just climate for doing business

As the curtain fell on a key meeting on rule of law on Thursday, Israeli Yuval Golan, 29, felt good about his business prospects in what should be a more transparent and predictable China.

As CEO of Unique 1 Asia Creative Business Consulting Co, in Haikou, capital of Hainan province, Golan was recently recognized by the province for cross-border economic and cultural exchanges and for creating jobs.

Despite the award, Golan has plenty of gripes and complaints about doing business in China. He wants approvals and dispute settlements to be dealt with in a way that he would recognize as fair and just.