Zagreb - Parliament Speaker Gordan Jandroković, who held a speech in Shanghai on Tuesday, underscored the excellent China-Croatia cooperation in several areas as well as the significance of the "17+1"and the "Belt and Road" initiatives for this cooperation.
Addressing an economic forum within the 2nd China Import Expo, which brought together over 1,500 guests from all over the world, Jandroković spoke about regulations and a business climate conducive to opening markets and the role of governments and prospects of multinational companies.
Jandrokovic said that the role of governments and national parliaments was to create conditions favourable for entrepreneurs and development of economy.
In this context, he said that Croatia permanently upgraded its framework for doing business in the country.
He added that in the last four years, Croatia conducted reforms aimed at making it easier for companies to do business and at boosting Croatia's competitiveness, and some of these reforms are an overhaul of the tax system, reduction of the administrative burden, and improvement of the investment framework.
"Croatia is moving up the rankings of economic freedoms, which shows that Croatia is more and more open and attractive as a business and investment destination."
He boasted that Croatia is successful in slashing its deficit and public debt, which has resulted in the improvement of the country's credit rating and, consequently, in enabling businesses to be more profitable in the country.
As for the bilateral cooperation, Jandroković recalled the ongoing construction of Peljesac Bridge by the China Bridge and Road Corporation.