Sound bites

Over the past decade, China has continuously improved its business environment, which has boosted enterprises' confidence and stimulated market vitality. The number of market entities registered in the country has risen from about 50 million in 2012 to 160 million by the end of June. More efforts should be made to further deepen reforms to create a law-based and internationalized business environment, as well as implement the innovation-driven development strategy to foster new technologies, new products, and new business formats.