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OPINION

Editorial: China Must Address Imbalanced Business Environment

The business environment has recently become a hot issue being discussed by Chinese governments and the public. Lou Jiwei, chairman of the National Council for Social Security Fund, also talked in a recent speech about the improvement of the business environment. It is an important task for governments of all levels to create a business-friendly environment with new concepts and new methods, as China shifts from rapid economic growth to quality growth. Currently, the situation varies in different parts of the country — some places have been lagging behind others in this regard, just as their economies are.

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