China’s business environment is getting a major glow-up , and international investors are paying attention. At a recent State Council meeting, Chinese Premier Li Qiang doubled down on reforms to boost market vitality, streamline regulations, and align with global trade standards. 'A world-class, law-based business climate isn’t just nice to have—it’s essential for sustainable growth,' he emphasized.
From Reforms to Results 
Since 2013, China’s nationwide reforms have skyrocketed its World Bank 'Ease of Doing Business' ranking to 31st out of 190 countries and regions. Think: smoother market access, stronger IP protections, and a tech-forward approach to governance. BASF exec Daniel Wussow praised the progress, highlighting 'fair competition and openness' as game-changers for foreign firms.
The Growth Equation 
With a population of 1.4 billion and a thriving domestic market, China’s economy is like a high-speed train —and everyone wants a ticket. Premier Li’s 2024 roadmap includes boosting domestic consumption, stabilizing markets, and cutting red tape. Translation? More opportunities for startups and multinationals alike.
Beyond the Headlines 
Despite Western media skepticism, China’s mix of industrial strength, agricultural resilience, and policy agility keeps investors hooked. As one analyst put it: 'If innovation were a sport, China’s playing in the Premier League.' Ready to ride the wave?
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China's business environment conducive to int'l business activities
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