Expert: Good business environment vital for city's economic growth

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A good business environment is crucial to the high-quality growth of a city's economy, said Liu Yingkui, vice president of the China Council for the Promotion of International Trade.

He added that the rule of law, market-oriented law, and international development are three major standards to measure a good business environment.

Former US commerce secretary: US sanctions on China counterproductive

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The US and Europe have resorted to imposing sanctions on China, but the policy has had unintended consequences, said Carlos M. Gutierrez, former US secretary of commerce, at the Boao Forum for Asia Annual Conference 2025. He said China has become a major technology power as a result of such sanctions.

Economy

10:12, 29-Mar-2025