Fourteen percent of global executives regarded China as leading in innovation, a 4-percentage-point increase than the last survey in 2014.
The reform will cover different levels of institutions in the Party, government, people's congress, political advisory body, judiciary, social organizations, public institutions and within military-civil integration, said Liu, who is also director of the General Office of the Central Leading Group for Financial and Economic Affairs.
Globalization, the historic process which has brought different countries and peoples closer over the past two centuries, is now under attack and regarded with growing doubts. Isolationism is rising, along with trade protectionism and economic chauvinism.
Meanwhile, 73 percent of Chinese executives believed that China has an environment conducive to innovation.
This wonderful city, Guangzhou, is home to a fusion of multi-corporations with the world’s biggest banks, hotels, fast foods companies and coffee shops being found rubbing shoulders and making commercial footprints on this majestic business terrain.
Asked about Taiwan's response to Sino-US trade disputes, Ma said a few people in Taiwan wanted to take advantage of the disputes to do things that were "not upright", and have lifted a stone that will "smash their own feet".
"Authorities should also make plans to support worker re-employment or retraining in accordance with their needs. Labor unions in eastern areas should also cooperate with northeastern China on employment, where the overcapacity reduction task is heavier."
BEIJING -- Xi Jinping was elected Chinese president by a unanimous vote Saturday morning at the ongoing session of the 13th National People's Congress (NPC).