Economic Watch: China nurtures fertile ground for foreign investors

BEIJING, Aug. 27 (Xinhua) -- Despite a coronavirus-triggered recession looming large for the world, China remains a gold mine for global investors amid the country's unswerving efforts to create a better business environment with easier market access, more benefits, and improved services.

According to the World Bank's Doing Business 2020 report, China has made greater progress in the 2005-2020 period than any other large economy in terms of facilitating the ease of doing business, with its global ranking rising to the 31st position among 190 economies globally from the 78th in the 2018 report.