Published on 20.10.2011

China Leads Region in Making Regulatory Environment for Local Firms More Business-Friendly

Washington, October 20, 2011 — A new report from IFC and the World Bank finds that China advanced the most among countries in the East Asia and the Pacific region in making its regulatory environment more business-friendly over the past six years, and is among the top 15 worldwide.

A new report from IFC and the World Bank finds that China advanced the most among countries in the East Asia and the Pacific region in making its regulatory environment more business-friendly over the past six years, and is among the top 15 worldwide.

The report released today, Doing Business 2012: Doing Business in a More Transparent World, assesses regulations affecting domestic firms in 183 economies and ranks the economies in 10 areas of business regulation, such as starting a business, trading across borders, and resolving insolvency. This year, the rankings on ease of doing business have expanded to include indicators on getting electricity.

Press release at worldbank.org