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China is drafting its 13th five-year plan on economic and social development. It will adopt a new development approach featuring innovative, coordinated, green, open and shared development to achieve its ambitious blueprint for a moderately prosperous society in all respects. In the next five years, annual growth rate needs to be kept above 6.5 percent. At this rate, our per capita GDP will reach around 12,000 U.S. dollars by 2020. That will be close to the level of high-income countries according to World Bank standard and allow us to basically avoid the middle-income trap. If achieved, it will mark another milestone in China's modernization process, offer even more development opportunities for CEEC and other countries, and make new contribution to global economic recovery and world peace, stability and prosperity. China will open up at a higher level, promote our equipment, technologies, standards and services around the world, and ease market access in finance, education, health care, old-age care and other fields. As we open up even wider, we would be happy to see CEE countries share in the dividends of China's prosperity and development.
Judeh said China as a permanent member of the UN Security Council has played a key role in the Middle East issues.
Moreover, China and the EU issued a joint statement on climate change to enhance cooperation in the uphill battle against global climate change this June, in which the two sides agreed to further enhance existing cooperation on carbon market.
Africa's major obstacle to economic development is its obsolete infrastructure. The World Bank puts Africa's infrastructure gap at an estimated 93 billion U.S. dollars.
Such endeavors would include enhancing macro-economic policy coordination, Xi said, adding that countries should pay special attention to stable growth, oppose protectionism, and maintain an open, transparent and inclusive multi-lateral trade system.