- Xinhua
China ranked 31st in the World Bank's Doing Business 2020 report, and among the top 10 fastest-reforming countries around the world for two years in a row. The latest edition of the World Bank Doing Business report acknowledges the 10 economies that improved the most in terms of"ease of doing business" after implementing regulatory reforms: China, Saudi Arabia, Jordan, Togo, Bahrain, Tajikistan, Pakistan, Kuwait, India and Nigeria.
It indicated that, in 2018 alone, China implemented significant reforms in eight out of 10"doing business" areas, from starting a business, through construction permits and getting electricity, to paying taxes and registering property.